Share Market News: Today’s Nifty & Sensex Updates

Sensex climbs for 5th day; Nifty above 10,950; RIL gains 4%

Indian Equity Benchmark indices started the week on a flat note, Nifty above 10,900 level. The Sensex was up by 30.57 points at 36417.18, while Nifty was down 0.40 points at 10906.60. Among sector compiled by NSE advanced, led by the Pharma Indexs 0.42 percent gain. While, the Nifty Realty Index was the top sectoral loser, down 0.34 percent. The market breadth was inclined in the favor of buyers.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex rose by 0.59 percent or 216.31 points to 36602.92 and the NSE Nifty 50 Index was up by 0.48 percent or 52.10 points to 10,959.05. Among sector reality, auto was trading in red, While, pharma, energy, IT was in green. In a Broder Market, NSE mid-cap was down by 0.30% and smallcap indices were trading lower by 0.38%, respectively.

In the last hour of trade, Indian equity benchmarks continued to trade higher, Nifty was trading at 10970. Indian shares grew today but ended off days high, supported by strong gains in heavyweight Reliance Industries., The Sensex rose 0.53 percent or 192.35 points to 35,578.96 and the NSE Nifty 50 Index climbed 0.50 percent or 54.90 points to 10,961.85. Among sectors energy, IT and pharma indices led the gainers, while auto, infra, FMCG and metal indices ended in the red. The Mid- and small-cap Indexs underperformed their larger peers as the MidCap Index fell 0.6 percent and the SmallCap Index declined 0.7 percent., respectively.

Top Gainers

RELIANCE by 4.28% to Rs 1,235.00. , KOTAKBANK by 2.73% to Rs 1,274.00, BAJAJFINSV by 2.08% to Rs 6,380.00., SUNPHARMA by 2.00% to Rs 398.55., BAJFINANCE by 1.77% to Rs 2,588.00.

Top Losers

HEROMOTOCO By -3.99% to Rs 2,783.00, YESBANK by -3.73% to Rs 191.20, WIPRO by -2.80% to Rs 336.45, MARUTI by -2.31% to Rs.7,188.00, BAJAJ-AUTO by -1.79% to Rs.2,672.00.

Analysis Of Top Gainer And Loser

RELIANCE is the top gainer in today's market, on the back of strong result and recent re-rating in stock by numerous broking house help company to soar for the 2nd consecutive day.

Reliance Industries Ltd's numbers in Q3FY19 beat the consensus estimates on all fronts. Revenue grew 55.9% YoY to Rs1,71,336cr against Rs1,09,905cr in Q3FY18. EBITDA for the quarter grew 20% YoY to Rs23,801cr against Rs19,837cr last year. EBITDA margin declined 416bps YoY to 13.9%. Net profit for the quarter grew 8.8% YoY to Rs10,251cr against Rs9,420cr last year, beating the estimate of Rs9,523cr.

HEROMOTOCO is the top loser in today's market, In todays trade The Auto sector witnesses heavy sell-off lead by HEROMOTOCO plunged by nearly 4%

Key Market News

China Q4 GDP growth at 6.4% Fourth-quarter gross domestic product (GDP) rose at the slowest pace since the global financial crisis, easing to 6.4 percent from 6.5 percent in the third quarter, data from the National Bureau of Statistics showed on Monday.

Goldman Sachs sees RBI rate cut next month as inflation slows.

ISMA Cuts 2018-19 Sugar output to 30.7 mn tn from 31.5mn tn.

Foreign investors have pulled out more than Rs 4,000 crore from the Indian capital markets so far in January, highlighting their cautious stance towards the country.

India is likely to surpass the United Kingdom in the worlds largest economy rankings in 2019, according to a report by global consultancy firm PwC.

The forex reserves continued its upward march and increased by USD 1.267 billion to USD 397.351 billion in the week to January 11, aided by a rise in core currency assets and value of gold.

As per a report by global consultancy firm PwC, India is likely to move ahead of the United Kingdom in the worlds largest economy rankings in 2019.

Stocks To Watch

INFY is on the upside while WIPRO is on the downside.

INFY is currently quoting at Rs.743.25 up by Rs 12.30 or 1.68% from its previous closing of Rs.730.95 on the NSE. The scrip opened at Rs.738.20 & has touched a high & low of Rs.751.00 and Rs.734.00 respectively. So far 81,29,422(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,24,481.32 Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 754.90 on 01-OCT-2018 & a 52 week low of Rs.545.10 on 14-FEB-2018.

WIPRO is currently quoting at Rs.336.45 down by Rs.-9.70 or -2.80% from its previous closing of Rs.346.15 on the NSE. The scrip opened at Rs.340.15 & has touched a high & low of Rs.340.00 and Rs.333.20 respectively. So far 1,56,20,297(NSE) shares were traded on the counter. The current market cap of the company is Rs.1,52,721.33 cr. The BSE/NSE group stock has touched a 52 week high of Rs 347.50 on 18-JAN-2018 & a 52 week low of Rs 253.50 on 06-JUN-2018.

Market Ends On A Flat Note Ahead of RIL Results.

Indian Equity benchmarks Indices started the day on a positive note, with the Nifty was trading above 10,900 level. The Sensex was up 137.17 points at 36458.46, while Nifty up by 36.40 points at 10926.70. All the sector compiled by NSE advanced led by the Pharma Index's 0.47 % gain. The market breadth was inclined in the favor of buyers. The Midcap index was up 0.35 percent.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex rose by 0.26 percent or 96.18 points to 36417.47 and the NSE Nifty 50 Index was up by 0.26 percent or 28.50 points to 10,918.80. Among sector Media, PSU Bank was trading in red, While, reality, IT, energy was in green. The NSE mid-cap was up by 0.25% and smallcap indices were trading higher by 0.06%, respectively.

In the last hour of trade, Indian equity benchmarks decline, Nifty was trading at 10870. Indian equity benchmarks rose for the third day in a row, The Sensex was up 52.79 points at 36374.08, while Nifty was up 14.90 points at 10,905.20. Among the sector pharma and PSU bank stocks were under pressure, while some buying was seen in the IT stocks. The NSE mid-cap was up by 0.28 % and smallcap indices were trading higher by 0.23%, respectively

Top Gainers

GAIL by 2.23% to Rs 332.75. , BPCL by 1.99% to Rs 354.75, INFRATEL by 1.78% to Rs 280.75., AXISBANK by 1.64% to Rs 674.90., HCLTECH by 1.55% to Rs 952.80.

Top Losers

SUNPHARMA By -6.61% to Rs 423.80, YESBANK by -3.70% to Rs 200.65, ZEEL by -2.50% to Rs 440.80,EICHERMOT by -1.93% to Rs.20,335.00, SBIN by -1.90% to Rs.297.40.

Analysis Of Top Gainer And Loser

GAIL is the top gainer in today's market, As Bhuwan Chandra Tripathi, Chief Managing Director (CMD) is likely to get his tenure extended as the Chairman of state-run GAIL after his second five-year term ends in July this year. Oil Minister Dharmendra Pradhan has backed increasing Tripathis term until his retirement, which is due in January 2020.

SUNPHARMA is the top loser in today's market, The company has witnessed heavy dumping in stock in last one and a half - two hours.

The Reserve Bank of India relaxed offshore borrowing rules for companies and financial institutions on Wednesday, a move that is likely to boost the rupee exchange rate. Indian borrowers can now raise funds from offshore markets for at least three years without any ceiling on the amount.

U.S. Crude Oil Inventories reported -2.683M.

Stocks To Watch

M&M is on the upside while SBIN is on the downside.

M&M is currently quoting at Rs.734.50 up by Rs 8.25 or 1.14% from its previous closing of Rs.726.25 on the NSE. The scrip opened at Rs.729.00 & has touched a high & low of Rs.740.00 and Rs.727.95 respectively. So far 33,18,430(NSE) shares were traded on the counter. The current market cap of the company is Rs 91,281.41Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 993.00 on 29-AUG-2018 & a 52 week low of Rs.694.00 on 11-DEC-2018.

SBIN is currently quoting at Rs.297.40 down by Rs.-5.75 or -1.90% from its previous closing of Rs.303.15 on the NSE. The scrip opened at Rs.303.90 & has touched a high & low of Rs.304.35 and Rs.295.60 respectively. So far 1,59,74,634(NSE) shares were traded on the counter. The current market cap of the company is Rs.2,65,372.61r. The BSE/NSE group stock has touched a 52 week high of Rs 332.75 on 25-JAN-2018 & a 52 week low of Rs 232.35 on 23-MAR-2018.

Sensex, Nifty End On A Flat Note; IT, Energy Stocks Gain

Indian equity benchmarks extended gains for the second day. Nifty reclaiming 10,900. The Sensex is up 72.82 points or 0.20% at 36391.15, and the Nifty up 22.90 points or 0.21% at 10909.70. Except for pharma, all other sectoral indices are trading in the green, led by the Media Index. The market breadth was inclining in favor of buyers. The Nifty Midcap index was up to one-fifth of a percent.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex rose by 0.21 percent or 74.55 points to 36392.88 and the NSE Nifty 50 Index was up by 0.20 percent or 21.75 points to 10,908.55. Among sector Metal, FMCG, Auto were trading in red, While PSU bank, energy, infra was in green. the NSE midcap was up by 0.28 % and smallcap indices were trading higher by 0.38%, respectively.

In the last hour of trade, Nifty was trading at 10880 Mark. Equity Benchmark indices ended the volatile day on a flat note, The Sensex was up 2.96 points at 36321.29, while Nifty was up 3.50 points at 10890.30. Among sector compiled by NSE ended higher led by energy, IT. While NSE Fast Moving Consumer Goods Index was the top loser. The small-cap stocks outperformed their larger peers as the S&P BSE SmallCap Index rose 0.14 percent.

Top Gainers

IBULHSGFIN by 2.66% to Rs 830.40. , YESBANK by 2.36% to Rs 207.80, WIPRO by 2.18% to Rs 337.00., INDUSINDBK by 1.99 % to Rs 1,524.90., BPCL by 1.58% to Rs 347.10.

Top Losers

JSWSTEEL By -1.97% to Rs 286.35, BHARIARTL by -1.57% to Rs 332.45, BAJFINANCE by -1.50% to Rs 2,565.05,UPL by -1.43% to Rs.764.85, ASIANPAINT by -1.28% to Rs.1,388.00.

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market, AS The Reserve Bank of India (RBI) on Tuesday said it would inject Rs 10,000 crore into the system through the purchase of government securities on January 17 to increase liquidity. The purchase will be made through open market operations (OMOs).

JSWSTEEL is the top loser in today's market, As JSW Steel is unlikely to bid for Uttam Value Steels and Uttam Galva Metaliks.

Key Market News

India's merchandise trade deficit was at a 10-month low of $13.08 billion in December as compared with $16.7 billion in November. The deficit was $14.20 billion in December 2017.

Merchandise exports growth was flat at $27.93 billion in December, up 0.34 percent on-year, mainly due to negative growth in gems and jewelry and engineering products.

The Reserve Bank of India (RBI) on Tuesday said it would inject Rs 10,000 crore into the system through the purchase of government securities on January 17 to increase liquidity. The purchase will be made through open market operations (OMOs).

British lawmakers defeated Prime Minister Theresa Mays deal on withdrawing from the European Union, prompt political chaos that could lead to a disorderly exit from the EU or even to a U-turn of the 2016 decision to leave.

Sebi may soon tighten norms for liquid funds, the most popular mutual fund product among institutional investors with average assets under management of over Rs 6 lakh crore. Some of the proposals that the capital market regulator is considering for liquid schemes are mandatory minimum investments in short-term government bonds and stricter valuation norms.

LUPIN is currently quoting at Rs.860.50 up by Rs 10.80 or 1.27% from its previous closing of Rs.849.70 on the NSE. The scrip opened at Rs.850.40 & has touched a high & low of Rs.865.50 and Rs.854.10 respectively. So far 16,81,504(NSE) shares were traded on the counter. The current market cap of the company is Rs 39,022.23Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 986.10 on 10-SEP-2018 & a 52 week low of Rs.723.65 on 15-MAY-2018.

JSW STEEL is currently quoting at Rs.286.35 down by Rs.-5.75 or -1.97% from its previous closing of Rs.292.10 on the NSE. The scrip opened at Rs.292.05 & has touched a high & low of Rs.293.25 and Rs.285.35 respectively. So far 37,52,037(NSE) shares were traded on the counter. The current market cap of the company is Rs.69,374.23Cr. The BSE/NSE group stock has touched a 52 week high of Rs 427.55 on 21-SEP-2018 & a 52 week low of Rs 265.60 on 06-FEB-2018.

Hopes of Rate Cut Brings Bulls Back to the markets, Nifty climbs to 10,850

Indian equity benchmarks gained in the opening session today after declining for three consecutive days. The Sensex was up 98.98 points or 0.28% at 35952.54, and the Nifty down 53.80 points or 0.50% at 10683.80. The market breadth was inclining in favor of buyers. About 939 stocks advanced and 466 shares declined on the National Stock Exchange. All the sector compiled by NSE surged, led by the NSE Nifty Media Indexs 0.77 percent gain.

In the afternoon session, Indian equity benchmarks were trading higher. The BSE Sensex surge by 1.13 percent or 406.79 points to 36260.35 and the NSE Nifty 50 Index was up by 1.13 percent or 120.85 points to 10,858.45. All sectorial gauge was trading in the green lead by IT up by 2.77%, followed by Reality, energy & media. the NSE midcap was up by 0.70 % and smallcap indices were trading higher by 0.98%, respectively.

In the last hour of trade, Indian equity benchmarks continued to trade higher, Nifty was trading at 10850 Mark. Indian equity benchmarks surged on rate cut hopes after inflation cooled down to the lowest level, the Sensex was up 464.77 points or 1.30% at 36318.33, while the Nifty was higher by 149.20 points or 1.39% at 10886.80. All sector indices ended in the green, with maximum buying visible among IT and energy names, while metals and banks, too, closed with highest gains. The BSE midcap and smallcap indices were up by 0.67% and 1.13%, respectively.

Top Gainers

WIPRO by 5.49% to Rs 329.70. , YESBANK by 4.07% to Rs 203.30, TECHMAHINDRA by 3.85% to Rs 706.00., INFOSYS by 3.76 % to Rs 728.30., RELIANCE by 3.11% to Rs 1,130.95.

Top Losers

MARUTI By -0.81% to Rs 7,349.00,POWERGRID by -0.10% to Rs 192.30, ICICIBANK by -0.09% to Rs 373.00,INFRATEL by -0.04% to Rs.280.00.

Analysis Of Top Gainer And Loser

WIPRO is the top gainer in today's market, Shares of the Bengaluru-based information technology company rose as much as 6 %. A company is considering a proposal to issue bonus shares, the second such by the software services provider in the last two years.

MARUTI is the top loser in today's market, As the company witnessed lack of buying interest as compared with overall market.

Key Market News

Foreign portfolio investors (FPIs) sold Rs 732.46 crore worth of domestic stocks on Monday, While DIIs were net buyers to the tune of Rs 527.49 crore.

Brexit deal vote tomorrow: UK Prime Minister Theresa May must win a vote in Parliament to get her Brexit deal approved, or risk seeing Britains exit from the European Union decline into chaos.

Index of Industrial Production slumped to a mere 0.5% in the month of November after a high of 8.1 in the preceding month. Consumer Price Index, on the other hand, eased for a 6th straight month to 2.19% from a high of 5% in June.

China indicating more prompt measures to soften the blow from an ongoing tariff war with the United States, A relief in trade-sensitive tech, mining, and car stocks as some results also impressed.

Stocks To Watch

AUROPHARMA is on the upside while DISH TV is on the downside.

AUROPHARMA is currently quoting at Rs.786.55 up by Rs 16.35 or 2.12% from its previous closing of Rs.770.20 on the NSE. The scrip opened at Rs.774.00 & has touched a high & low of Rs.788.95 and Rs.771.10 respectively. So far 18,84,570(NSE) shares were traded on the counter. The current market cap of the company is Rs 46,008.39Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018.

DISH TV is currently quoting at Rs.39.95 down by Rs.-1.70 or -4.52% from its previous closing of Rs.37.65 on the NSE. The scrip opened at Rs.37.65 & has touched a high & low of Rs.38.00 and Rs.35.65 respectively. So far 1,27,00,641(NSE) shares were traded on the counter. The current market cap of the company is Rs.6,637.72Cr. The BSE/NSE group stock has touched a 52 week high of Rs 82.35 on 12-APR-2018 & a 52 week low of Rs 32.20 on 10-DEC-2018.

Sensex Ends 156 Points Lower; Nifty Settles Below 10,750.

Equity Benchmark indices were opened on a lower note The Nifty is trading around 10,750. The Sensex is down 139.52 points or 0.39% at 35870.32, and the Nifty down 44.20 points or 0.41% at 10750.80. The market breadth was inclining in favor of sellers. About 850 stocks declined and 574 shares advanced on the National Stock Exchange.except for pharma, all other sector indices were trading in red, with selling visible among banks, auto, consumption, and infra sectors.

In the afternoon session, Indian equity benchmarks were trading lower. The BSE Sensex down by 0.68 percent or 243.45 points to 35,766.39 and the NSE Nifty 50 Index declined by 0.73 percent or 78.75 points to 10,716.20. except for pharma, all other sector indices were trading in red, with maximum pain visible among banks, metal, and infra sectors. The broader markets, the NSE midcap was down by 0.71 % and smallcap indices were trading lower by 0.50%, respectively.

In the last hour of trade, Nifty was hovering around 10720 Mark. Indian equity benchmarks ended negative, the Sensex was down 156.28 points or 0.43% at 35853.56, and the Nifty down 57.40 points or 0.53% at 10737.60. Among sectors compiled by BSE ended lower led by Capital Goods Index's 1.93 percent decline. While, Healthcare Index was the top gainer, up 0.38 percent. The BSE midcap and smallcap indices fell 0.44 % and 0.5%, respectively.

Top Gainers

YESBANK by 5.83% to Rs 195.00. , INFY by 2.60% to Rs 701.30, SUNPHARMA by 1.60% to Rs 451.50., BAJFINANCE by 1.46 % to Rs 2,551.00., MARUTI by 1.43% to Rs 7,425.00.

Top Losers

WIPRO By -4.93% to Rs 312.50,GAIL by -3.96% to Rs 325.20, IBULHSGFIN by -3.27% to Rs 789.45 ,TECHM by -2.77% to Rs.679.85 ,LT by -2.56% to Rs.1,334.50.

Analysis Of Top Gainer And Loser

YES Bank is the top gainer in today's market, Shares of YES Bank surged nearly 5 percent on Monday as the bank appointed Brahm Dutt as its non-executive chairman. Dutt been on the board of the bank since July 2013 as an independent director and has contributed to almost all the sub-committees of the board over the past 5 years and a half

WIPRO is the top loser in today's market, company witnesses a selling pressure, surged nearly 5% in a day.

The finance ministry and the Reserve Bank of India are expected to soon suggest some relaxation in the prompt corrective action (PCA) framework for stressed banks.

Stocks To Watch

MINDTREE is on the upside while WIPRO is on the downside.

MINDTREE is currently quoting at Rs.853.30 up by Rs 21.30 or 2.56% from its previous closing of Rs.832.00 on the NSE. The scrip opened at Rs.838.00 & has touched a high & low of Rs.857.85 and Rs.830.00 respectively. So far 23,09,396(NSE) shares were traded on the counter. The current market cap of the company is Rs 13,982.83Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 1,183.80 on 11-SEP-2018 & a 52 week low of Rs.615.00 on 17-JAN-2018.

WIPRO is currently quoting at Rs.312.50 down by Rs.-16.20 or -4.93% from its previous closing of Rs.328.70 on the NSE. The scrip opened at Rs.330.05 & has touched a high & low of Rs.331.10 and Rs.311.35 respectively. So far 69,13,323(NSE) shares were traded on the counter. The current market cap of the company is Rs.1,41,791.57Cr. The BSE/NSE group stock has touched a 52 week high of Rs 343.95 on 13-DEC-2018 & a 52 week low of Rs 253.50 on 06-JUN-2018.

Sensex Ends 106 Points Lower, Nifty manages to hold 10,800

Indian equity benchmarks opened flat on Thursday morning, with TCS reporting its results later today. The Sensex is down 49.87 points or 0.14% at 36163.04, and the Nifty down 20.30 points or 0.19% at 10834.90. Six of 11 sectors compiled NSE was trading lower led by the Private Bank Index's 0.41 percent decline. While, Nifty Auto Index was the top gainer, up 0.31 percent. The Nifty Midcap index was trading flat respectively.

In the afternoon session, Indian equity benchmarks were trading lower. The BSE Sensex down by 0.21 percent or 77.80 points to 36,135.11 and the NSE Nifty 50 Index declined by 0.29 percent or 31.15 points to 10,824.00. Among sector Auto, media, the reality was trading in Green, While Niftybank, energy, pharma was in red. The broader markets, the NSE midcap was up by 0.35 % and smallcap indices were trading higher by 0.12%, respectively.

In the last hour of trade, Nifty was hovering around 10800. Indian equity benchmarks ended negative, the Sensex was down 106.41 points or 0.29% at 36106.50, and the Nifty down 33.60 points or 0.31% at 10821.60. Among the sector indices on BSE, consumer durables, health care, and capital goods grew most, on the flip side oil and gas, banks, energy, and finance led losses. The BSE midcap and smallcap indices rose 0.5% and 0.2%, respectively.

Top Gainers

TITAN by 1.58% to Rs 968.00. , TATAMOTORS by 1.34% to Rs 185.50, EICHERMOT by 1.18% to Rs 20,530.00., BAJAJ-AUTO by 1.00% to Rs 2,724.00., HTPC by 0.99% to Rs 148.00.

Top Losers

HINDPETRO By -2.76% to Rs 232.40,INDUSINDBK by 2.42% to Rs 1,563.00, GRASIM by -1.95% to Rs 819.00 ,INFRATEL by -1.84% to Rs.285.00 ,MARUTI by -1.68% to Rs.7,367.00.

Analysis Of Top Gainer And Loser

TITAN is the top gainer in today's market, Titan Co. Ltds pre-quarterly update for the December quarter brought cheers for investors. The company said there was good growth momentum across all its businesses in the seasonally strong third quarter. The company said it expects the full-year growth in its jewelry business to be around 22%. This assumes 29% sales growth in the second half of 2018-19.

HINDPETRO is the top loser in today's market, company witnesses a selling pressure, surged nearly 3% in a day amid crude oil posted the gains.

Key Market News

The Budget session of Parliament is likely to be held from Jan. 31 to Feb. 13 and the interim Budget is expected to be presented on Feb. 1, The Budget session, which normally happens in two phases, is likely to be held in a single phase as the general elections are due in April-May this year.

Bank of Japan Governor Haruhiko Kuroda told on Thursday that the countrys economy was expected to continue expanding moderately. He also said Japans financial system remained stable.

Federal Reserve policymakers have indicated that they may be open to modifying a longstanding plan to shrink the central banks balance sheet, including by discarding housing-backed bonds earlier than anticipated or keeping a bigger-than-expected portfolio of assets.

Chinas commerce ministry given a statement on Thursday that trade talks with the United States this week were extensive and detailed, and established a foundation for the resolution of each others concerns.

Stocks To Watch

TITAN is on the upside while INFRATEL is on the downside.

TITAN is currently quoting at Rs.968.00 up by Rs 15.05 or 1.58% from its previous closing of Rs.952.95 on the NSE. The scrip opened at Rs.950.40 & has touched a high & low of Rs.969.40 and Rs.948.55 respectively. So far 24,50,895(NSE) shares were traded on the counter. The current market cap of the company is Rs 85,715.75Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 999.70 on 18-APR-2018 & a 52 week low of Rs.732.30 on 09-OCT-2018.

INFRATEL is currently quoting at Rs.285.00 down by Rs.-5.35 or -1.84% from its previous closing of Rs.290.35 on the NSE. The scrip opened at Rs.290.10 & has touched a high & low of Rs.290.40 and Rs.281.60 respectively. So far 36,72,383(NSE) shares were traded on the counter. The current market cap of the company is Rs.52,797.07 Cr. The BSE/NSE group stock has touched a 52 week high of Rs 378.50 on 15-JAN-2018 & a 52 week low of Rs 242.25 on 04-OCT-2018.

Last hour Rally helps Sensex To Clock Longest Winning Streak In Last Three Weeks

Indian equity benchmarks rose sharply on Wednesday morning, following gains in Asian shares, supported by growing hopes on the progress of trade talks between Washington and Beijing. The Sensex is up 210.98 points or 0.59% at 36191.91, and the Nifty up 54.10 points or 0.50% at 10856.30. All sector gauges compiled by NSE were trading higher led by Banks, automobiles, and pharmaceutical. Mid- and small-cap shares were also witnessing buying interest MidCap Index rose 0.5 percent and the SmallCap Index advanced by 0.4 percent.

In the afternoon session, Indian equity benchmarks continued to trade higher. The BSE Sensex up by 0.46 percent or 165.30 points to 36,146.23 and the NSE Nifty 50 Index rose by 0.32 percent or 34.40 points to 10,836.55. Among sector Auto, IT, FMCG, Nifty Bank was trading in Green, While Infra, reality, metal was in red. The broader markets, the NSE midcap was down by 0.13 % and smallcap indices were trading lower by 0.04%, respectively.

In the last hour of trade, Indian equity benchmarks witnessed a selling pressure at days high, Nifty was trading lower at 10790. The Indian Equity benchmarks soar for the fourth day in a row, the Sensex closed 231.98 points, or 0.64%, up at 36,212.91, and the Nifty 50 ended 53 points, or 0.49%, higher at 10,855.15. Thirteen of 19 sectors ended higher led by the FMCG Indexs 1.11 percent gain. While, Oil & Gas Index was a top loser, down 1.74 percent. the BSE midcap and smallcap indices were down 0.04% and 0.17%, respectively.

Top Gainers

AXISBANK by 3.12% to Rs 671.20. , ITC by 2.55% to Rs 291.50, TATAMOTORS by 2.00% to Rs 183.55., UPL by 1.70% to Rs 765.00., HDFC by 1.65% to Rs 1,991.30.

Top Losers

HINDPETRO By -3.95% to Rs 238.15, GAIL by 3.84% to Rs 341.00, BPCL by -3.40% to Rs 340.00 ,YESBANK by -3.02% to Rs.186.55 ,ULTRACEMCO by -2.71% to Rs.3,810.10.

Analysis Of Top Gainer And Loser

AXISBANK is the top gainer in today's market, Axis Bank, under the new leadership of Amitabh Chaudhry, has begun the process of muscle its top deck by bringing in Yes Banks veteran retail banker Pralay Mondal and rearrange the portfolios of the existing staff.

HINDPETRO is the top loser in today's market, company witnesses a selling pressure, surged nearly 4% in a day amid crude oil posted the strongest rally.

Key Market News

The government announced a 25 percent hike in the rates it pays to print media outlets for carrying its advertisements ahead of crucial general assembly elections this year. The decision takes place with effect from today and will be valid for a period of three years.

China plans to give domestic consumption a lift by introducing policies to boost domestic spending on items such as autos and home appliances this year.

RBI Assures Liquidity Support To Non-Bank Lenders When Required in a meeting held today with NBFCs

World Bank cuts global growth outlook as trade expansion stumble.

Stocks To Watch

AUROPHARMA is on the upside while TATASTEEL is on the downside.

AUROPHARMA is currently quoting at Rs.756.85 up by Rs 10.30 or 1.38% from its previous closing of Rs.746.55 on the NSE. The scrip opened at Rs.749.00 & has touched a high & low of Rs.759.00 and Rs.742.40 respectively. So far 29,96,748(NSE) shares were traded on the counter. The current market cap of the company is Rs 44,309.26Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 830.45 on 04-DEC-2018 & a 52 week low of Rs.527.00 on 04-JUN-2018.

TATASTEEL is currently quoting at Rs.479.20 down by Rs.-12.15 or -2.47% from its previous closing of Rs.491.35 on the NSE. The scrip opened at Rs.488.95 & has touched a high & low of Rs.497.30 and Rs.475.25 respectively. So far 1,26,96,660(NSE) shares were traded on the counter. The current market cap of the company is Rs.54,928.63 Cr. The BSE/NSE group stock has touched a 52 week high of Rs 748.11 on 15-JAN-2018 & a 52 week low of Rs 475.25 on 09-JAN-2019.

Indian equity benchmarks started flat on Tuesday morning, The Sensex is up 51.33 points or 0.14% at 35901.49, and the Nifty down 9.60 points or 0.09% at 10762.20. The market breadth was inclining in favor of sellers. Nine out of 11 sectors compiled by NSE fell, led by the Financial Services Indexs 0.49% decline. While, the Pharma Index was the top sectoral gainer, up 0.33 percent.

In the afternoon session, Indian equity benchmarks traded lower after a two-day rally. The BSE Sensex down by 0.05 percent or 16.15 points to 35,834.01 and the NSE Nifty 50 Index fell by 0.14 percent or 14.20 points to 10,756.90. Among sector Auto, pharma, Reality was trading in Green, While Energy, FMCG, IT was in red. The broader markets, the NSE midcap was down by 0.24 % and smallcap indices were trading lower by 0.11%, respectively.

In the last hour of trade, Nifty was Floating around 10800 Mark. The Indian Equity benchmarks bounced from days low & rose for the third day in a row, the Sensex was up 130.77 points or 0.36% at 35980.93, and the Nifty up 30.40 points or 0.28% at 10802.20. Among the sector indices, telecom and bank gained most at 1.3%. Pharma, metal also posted gains. On the other hand, capital goods, power, and realty fell. The midcap was down 0.16%, while the smallcap rose 0.17%.

Top Gainers

SUNPHARMA by 4.18% to Rs 448.80. , ICICIBANK by 3.35% to Rs 380.00, SBIN by 3.10% to Rs 305.50., TATAMOTORS by 2.71% to Rs 180.10., YESBANK by 2.46% to Rs 191.75.

Top Losers

ZEEL By -2.97% to Rs 449.20, UPL by 1.67% to Rs 751.00, KOTAKBANK by -1.49% to Rs 1,228.00 ,BPCL by -1.42% to Rs.350.50 , NTPC by -1.31% to Rs.146.65.

Analysis Of Top Gainer And Loser

SUNPHARMA is the top gainer in today's market, the Share price of Sun Pharmaceutical Industries gained more than 4 percent intraday Tuesday after brokerage house CLSA has maintained the buy on Sun Pharma.

Gross domestic product (GDP) is forecast to grow 7.2 percent, up from 6.7 percent last year, according to the first, full-fiscal-year estimate released by the Central Statistics Office (CSO). Gross value added (GVA) growth is seen at 7 percent Vs 6.5 percent last year, according to the data released on Monday.

BHARTI INFRATEL is currently quoting at Rs.297.15 up by Rs 3.40 or 1.16% from its previous closing of Rs.293.75 on the NSE. The scrip opened at Rs.292.70 & has touched a high & low of Rs.300.40 and Rs.290.00 respectively. So far 46,48,636(NSE) shares were traded on the counter. The current market cap of the company is Rs 54,517.20Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 378.50 on 15-JAN-2018 & a 52 week low of Rs.242.25on 04-OCT-2018.

UPLL is currently quoting at Rs.751.00 down by Rs.-12.75 or -1.67% from its previous closing of Rs.763.75 on the NSE. The scrip opened at Rs.763.50 & has touched a high & low of Rs.765.00 and Rs.748.00 respectively. So far 9,81,440(NSE) shares were traded on the counter. The current market cap of the company is Rs.38,315.30Cr. The BSE/NSE group stock has touched a 52 week high of Rs 828.50 on 24-JAN-2018 & a 52 week low of Rs 537.25 on 19-JUL-2018.

Indian equity benchmarks strengthened for the second day, as December-quarter corporate earnings season begins this week. The Sensex is up 266.96 points or 0.75% at 35962.06, while the Nifty is higher by 87.90 points or 0.82% at 10815.30. All sectors are trading in the green, with maximum buying was seen in metals, auto, consumption, as well as financials. The Nifty Midcap index is up around 0.70 percent. The market breadth was inclining in favor of buyers.

In the afternoon session, the Indian benchmark indices continued to trade higher. The BSE Sensex up by 0.74 percent or 262.51 points to 35,957.61 and the NSE Nifty 50 Index soar by 0.67 percent or 71.60 points to 10,798.95. Among sector Energy, Reality, IT, Metal were trading in Green, While Pharma was in red. The broader markets, the NSE midcap was up by 0.32 % and smallcap indices were trading higher by 0.47%, respectively.

In the last hour of trade, Nifty was hovering around 10800 Mark. The Indian Equity benchmarks have ended the day on a positive note, the Sensex was up 155.06 points or 0.43% at 35850.16, while the Nifty was higher by 44.40 points or 0.41% at 10771.80. Eight out of 11 sectors in NSE advanced, led by the Realty Index's 1.19 percent gain. While, the NSE Pharma Index was the top sectoral loser, down 0.58 percent. The BSE midcap and smallcap indices posted marginal gains and were up 0.03% and 0.06%, respectively.

Top Gainers

AXISBANK by 2.86% to Rs 637.30. , INFRATEL by 2.79% to Rs 293.00, TATAMOTORS by 2.40% to Rs 175.05., TITAN by 2.11% to Rs 948.00., GRASIM by 1.95% to Rs 821.85.

Top Losers

IBULHSGFIN By -4.56% to Rs 791.95, BAJAJ-AUTO by 2.92% to Rs 2,654.35, DRREDDY by -1.43% to Rs 2,562.90 ,YESBANK by -1.42% to Rs.186.95 , EICHERMOT by -1.37% to Rs.19,828.00.

Analysis Of Top Gainer And Loser

AXISBANK is the top gainer in today's market, Axis Bank, under the new leadership of Amitabh Chaudhry, has begun the process of muscle its top deck by bringing in Yes Banks veteran retail banker Pralay Mondal and rearrange the portfolios of the existing staff.

IBULHSGFIN is the top loser in today's market, company witnesses selling pressure from a higher level in todays market.

Key Market News

The Reserve Bank of India (RBI), In the rule of new governor Shaktikanta Das is planning to transfer an interim dividend of up to Rs 30,000 crore to Rs 40,000 crore ($4.32 billion-$5.8 billion) to the government by March, according to three sources with direct knowledge of the matter.

US President Donald Trump told on Sunday that the talks with China were going very well and that weakness in the Chinese economy gave Beijing a cause to work toward a deal, U.S. officials are meeting in Beijing this week for the first face-to-face talks since Trump and Chinas President Xi Jinping in December agreed to a 90-day truce in a trade war.

The Union Cabinet has approved 10 percent reservation in jobs and educational institutions for the economically backward section in the general category, The reservation will be given to those economically backward poor people who are not availing the benefit of reservation as of now.

Stocks To Watch

BHARTI INFRATEL is on the upside while WIPRO is on the downside.

BHARTI INFRATEL is currently quoting at Rs.293.00 up by Rs 7.95 or 2.79% from its previous closing of Rs.285.05 on the NSE. The scrip opened at Rs.287.50 & has touched a high & low of Rs.295.15 and Rs.285.10 respectively. So far 54,53,037(NSE) shares were traded on the counter. The current market cap of the company is Rs 54,517.20Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 381.80 on 04-JAN-2018 & a 52 week low of Rs.242.25on 04-OCT-2018.

WIPRO is currently quoting at Rs.323.95 down by Rs.-0.50 or -0.15% from its previous closing of Rs.324.45 on the NSE. The scrip opened at Rs.326.10 & has touched a high & low of Rs.326.75 and Rs.322.30 respectively. So far 19,03,604(NSE) shares were traded on the counter. The current market cap of the company is Rs.1,46,701.22Cr. The BSE/NSE group stock has touched a 52 week high of Rs 343.95 on 13-DEC-2018 & a 52 week low of Rs 253.50 on 06-JUN-2018.

Sensex, Nifty Fall Over 1 %; Metal,auto decline.

Indian benchmark indices declined for a second straight day on Thursday, with the Nifty trading below 10,800. The Sensex is up 28.52 points or 0.08% at 35920.04, while the Nifty is down 2.20 points or 0.02% at 10790.30. Among sector compiled by BSE were trading lower led by the S&P BSE Oil & Gas Index's 1 percent decline. While, S&P BSE Realty Index was the top gainer, up 0.3 percent. Mid- and small-cap shares were trading flat.

In the afternoon session, the Indian benchmark indices continued to trade lower. The BSE Sensex down by 0.21 percent or 75.24 points to 35,816.28 and the NSE Nifty 50 Index down by 0.33 percent or 36.05 points to 10,756.45. Among sector Metal, Media, energy were trading in red, While FMCG, the reality was in green. The broader markets, the NSE midcap was up by 0.13 % and smallcap indices were trading down by 0.14%, respectively.

In the last hour of trade, Indian benchmark indices extended losses Nifty was trading at 10678.50. Indian benchmark indices declined around 1% following a selloff in Asian markets. The Sensex was down 377.81 points or 1.05% at 35513.71, and the Nifty lower by 120.20 points or 1.11% at 10672.30. Overall sell-off among sectors, financials, automobiles, and metals bled. Mid- and small-cap shares also witnessed pain as the BSE MidCap Index was down by 1 percent and the BSE SmallCap Index declined 0.6 percent.

Top Gainers

INFRATEL by 3.31% to Rs 273.00. , TITAN by 0.31% to Rs 935.00, HCLTECH by 0.28% to Rs 949.00., ASIANPAINT by 0.27% to Rs 1,387.00., BAJAJ-AUTO by 0.11% to Rs 2,695.00.

Top Losers

EICHERMOT is the top loser in today's market, Shares of the Delhi-based auto company extended losses for the 2nd consecutive day and fell as much as 4.22%, After Royal Enfield reported a 13 percent Shrink in sales on a yearly basis to 58,278 units in December, according to its stock exchange filing.

Analysis Of Top Gainer And Loser

INFRATEL is the top gainer in today's market, The company has witnessed a good buying interest.

EICHERMOT is the top loser in today's market, Shares of the Delhi-based auto company extended losses for the 2nd consecutive day and fell as much as 4.22%, After Royal Enfield reported a 13 percent Shrink in sales on a yearly basis to 58,278 units in December, according to its stock exchange filing.

Key Market News

The Nikkei Manufacturing Purchasing Managers Index declined to 53.2 in December from 54 in November.

The direct tax-to-GDP ratio of 5.98% achieved during 2017-18 is the best in the last 10 years, It was 5.57 percent in 2016-17 and 5.47 % in 2015-16.

The AUM of passively managed funds has crossed the Rs 1 lakh crore mark. While most of the funds continue to come from the mandatory contribution to the EPFO, financial planners point out that an increasing number of HNIs and retail investors have started pouring money into index funds and ETFs as actively managed funds in the large-cap space have failed to outperform their benchmarks.

The Union Cabinet approved the merger of Bank of Baroda, Vijaya Bank, and Dena Bank that will create Indias second-largest public-sector lender.

The Reserve Bank of India said it will form an eight-member expert committee include government representatives, bankers, and academicians to identify the issues and suggest a long-term solution for economic and financial sustainability of small businesses. The committee will be headed by UK Sinha, former chairman of Securities and Exchange Board of India.

Banks and shadow banks granted a one-time restructuring of loans of up to 250 million rupees ($3.6 million) to micro, small and medium enterprises (MSME) that were in default on Jan. 1, without having to mark them as nonperforming, Lenders are being given an supplement of 15 months (up to March 31, 2020) to pretend that these stressed loans are standard.

Germany Manufacturing Purchasing Managers Index (PMI) Recorded 51.5

Stocks To Watch

KNR Construction is on the upside while BHEL is on the downside.

KNR Construction is currently quoting at Rs.219.80, up by Rs 5.50 or 2.57% from its previous closing of Rs.214.30 on the NSE. The scrip opened at Rs.216.05 & has touched a high & low of Rs.229.50 and Rs.216.05 respectively. So far 7,74,175(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,086.55Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 339.80 on 12-Feb-2018 & a 52 week low of Rs.165.00 on 11-OCT-2018.

BHEL is currently quoting at Rs.70.70 down by Rs.-2.30 or -3.15% from its previous closing of Rs.73.00 on the NSE. The scrip opened at Rs.73.00 & has touched a high & low of Rs.73.00 and Rs.70.40 respectively. So far 80,83,906(NSE) shares were traded on the counter. The current market cap of the company is Rs.26,030.23Cr. The BSE/NSE group stock has touched a 52 week high of Rs 107.95 on 23-JAN-2018 & a 52 week low of Rs 61.70 on 11-DEC-2018.

Indian benchmark indices had started the day on a lower note, with the Nifty falling nearly 70 points as stocks in Asian markets declined over slowing growth in China.BankNifty and the midcap index are in the red, while selling is visible among auto, metal, and pharma. The Sensex is down 146.02 points or 0.40% at 36108.55, and the Nifty down 65.80 points or 0.60% at 10844.30. The market breadth was leaning in favor of sellers.

In the afternoon session, the Indian benchmark indices continued to trade lower. The BSE Sensex down by 0.21 percent or 76.93 points to 36177.64 and the NSE Nifty 50 Index down by 0.31 percent or 33.55 points to 10,876.55. Among sector Auto, Metal, Media, Infra were trading in red, While IT, Bank nifty were in green. The broader markets, the NSE midcap and smallcap indices were trading up by 0.02% and 0.03%, respectively.

In the last hour of trade, Indian benchmark indices extended losses Nifty was trading at 10752.50. Indian benchmark indices declined taking negative cues from global markets, and as investors turned cautious ahead of corporate earnings beginning next week. The Sensex was down 363.05 points or 1.00% at 35891.52, while the Nifty down 117.60 points or 1.08% at 10792.50. Selling was visible among automobiles, banks, energy, metals, and pharmaceuticals. The BSE midcap and smallcap indices were down 1.26% and 0.74%, respectively.

Top Gainers

SUNPHARMA by 1.48% to Rs 439.95. , INFRATEL by 1.12% to Rs 265.20, TCS by 0.85% to Rs 1,919.00., ASIANPAINT by 0.62% to Rs 1,380.05., INFY by 0.44% to Rs 668.00.

Top Losers

EICHERMOT By -9.40% to Rs 21,014.00, JSWSTEEL by -5.44% to Rs 287.40, TATASTEEL by -4.51% to Rs 492.50 ,VEDL by -4.40% to Rs.193.20 , M&M by -4.24% to Rs.740.55.

Analysis Of Top Gainer And Loser

SUNPHARMA is the top gainer in today's market, SEBI having accepted some of Kotak Committees recommendations, Sun Pharma will be required to change course. As the company rethinks its governance structure, investors are better placed in proactively voicing their opinions on the following issue.

EICHERMOT is the top loser in today's market, Shares of the Delhi-based auto company extended losses and fell as much as 9.40%, After Royal Enfield reported a 13 percent Shrink in sales on a yearly basis to 58,278 units in December, according to its stock exchange filing.

Key Market News

Goods and Services Tax collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month. However, compliance improved during the month as the total number of sales returns or GSTR-3B filed in December stood at 72.44 lakh against 69.6 lakh filed in November.

The Reserve Bank of India has started a loan-restructuring window for micro, small and medium enterprises (MSMEs) for a year, yielding to a key demand of the government that had sought such a facility.

Market regulator Securities and Exchange Board of India (Sebi) has planned to implement mandatory physical settlement for all stock derivatives by October 2019. The new system will be implemented in three phases starting April.

The Caixin/Markit Manufacturing Purchasing Managers Index (PMI) for December, released on Wednesday, fell to 49.7 from 50.2 in November.

The GST Council is scheduled to meet on January 10 to discuss lowering GST on under-construction flats and houses to 5 percent & hiking exemption threshold for small and medium enterprises.

Three of the big four auditorsEY, Deloitte and KPMGauditing the debt-laden IL&FS and its affiliate firms are off the hook for now after a National Company Law Tribunal (NCLT) said the firms had not prepared the accounts, only audited them.India Infrastructure Output ,Reported 3.5% vs 4.8% YoY.
India Foreign Debt (USD) ,recorded 510.4B vs 514.4B

Stocks To Watch

TITAN is on the upside while M&M is on the downside.

TITAN is currently quoting at Rs.931.50, up by Rs 3.50 or 0.38% from its previous closing of Rs.928.00 on the NSE. The scrip opened at Rs.923.30 & has touched a high & low of Rs.937.00 and Rs.923.30 respectively. So far 2,672,587(NSE) shares were traded on the counter. The current market cap of the company is Rs 82,741.67Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 999.70 on 18-APR-2017 & a 52 week low of Rs.732.30 on 09-OCT-2018.

M&M is currently quoting at Rs.740.55 down by Rs.-4.24 or -32.80% from its previous closing of Rs.773.35 on the NSE. The scrip opened at Rs.772.80 & has touched a high & low of Rs.772.80 and Rs.735.10 respectively. So far 1,05,96,260(NSE) shares were traded on the counter. The current market cap of the company is Rs.92,182.73Cr. The BSE/NSE group stock has touched a 52 week high of Rs 993.00 on 29-AUG-2018 & a 52 week low of Rs 694.00 on 11-DEC-2018.

Nifty ends December series above 10,750; Sensex up 157 pts

Indian benchmark indices, Start s solid on Thursday morning following the positive trends in Asian stocks after there was the biggest rally in US stocks since 2009. The Sensex is up 289.36 points or 0.81% at 35939.30, while the Nifty is higher by 84.60 points or 0.79% at 10814.50. Among sectors, all of them are in the green, with maximum buying visible among banks, consumption, IT, and metals.

In the afternoon session, Indian benchmark indices extended gains. The BSE Sensex rose by 0.67 percent or 237.77 points to 35887.71 and the NSE Nifty 50 Index up by 0.58 percent or 62.20 points to 10,792.05. All sector were trading higher led by the IT, Energy. The broader markets too standing strong with benchmark indices, the NSE midcap and smallcap indices were trading up by 0.28% and 0.51%, respectively.

In the last hour of trade, Indian benchmark indices were trading higher, Nifty above 10800 Mark. Indian benchmark indices rose for the 2nd day in a row, the Sensex was up 157.34 points or 0.44% at 35807.28, while the Nifty was higher by 49.90 points or 0.47% at 10779.80. Among the sector indices IT, energy, FMCG and media advanced over 1%, While auto, metal, bank, reality, and pharma declined. In the broader market, the midcap ended 0.33% up and the smallcap rose by 0.23%.

Top Gainers

ADANIPORTS by 2.24% to Rs 385.00. , TECHM by 2.21% to Rs 708.90, INFRATEL by 2.06% to Rs 268.00., ZEEL by 2.03% to Rs 464.30., INFY by 1.91% to Rs 656.35.

Top Losers

BPCL By -2.01% to Rs 359.00, TATAMOTORS by -1.67% to Rs 168.05, HEROMOTOCO by -1.46% to Rs 3,129.00 ,BHARTIARTL by -1.37% to Rs.316.05 , TATASTEEL by -1.35% to Rs.506.50.

Analysis Of Top Gainer And Loser

ADANIPORTS is the top gainer in today's market, The company has announced about completing the import of 50 locomotives to Indian railway with complete satisfaction and no accident, The company also expect much more order coming in future as over 1,000 locomotives will be delivered to Indian Railways over the next 10 years

BPCL is the top loser in today's market, The shares of the oil retailers declined after Brent crude gained the most since December 2016

Executives from housing finance companies and nonbanking finance companies are having a meeting with Prime Minister Narendra Modi on Wednesday to seek easier norms regulating the sector as they battling a fund crunch & to overcome a slowdown in growth after the IL&FS defaults.

The Reserve Bank of India has formed an expert committee under former governor Bimal Jalan to decide the level of reserves that the RBI should hold.

The Commerce Ministry has taken a side of hiking import duty on aluminum to support domestic manufacturers, the basic customs duty on aluminum scrap and primary aluminum is 2.5 % & 7.5 %, respectively. Total production of aluminum in India is about four million tonnes and consumption is about 3.6 million tonnes. During the first quarter of the current fiscal, imports of aluminum scrap increased to 36,000 tonnes from 16,000 tonnes that were the problem arises for domestic players as there is an increase in import.

India is aiming to receive USD 100B in foreign direct investments in the next two years and special industrial clusters are being created for countries like Japan, South Korea, China and Russia where their companies can invest and operate, According to the statement of Union Minister Suresh Prabhu.

Stocks To Watch

INFY is on the upside while FORTIS is on the downside.

INFY is currently quoting at Rs.656.35, up by Rs 12.30 or 1.91% from its previous closing of Rs.644.05 on the NSE. The scrip opened at Rs.652.75 & has touched a high & low of Rs.663.25 and Rs.649.00 respectively. So far 1,53,33,756(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,87,173.07Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 754.90 on 01-OCT-2018 & a 52 week low of Rs.503.00 on 05-JAN-2018.

FORTIS is currently quoting at Rs.134.50 down by Rs.-0.70 or -0.52% from its previous closing of Rs.135.20 on the NSE. The scrip opened at Rs.135.45 & has touched a high & low of Rs.136.50 and Rs.133.20 respectively. So far 17,83,966(NSE) shares were traded on the counter. The current market cap of the company is Rs.6,985.00Cr. The BSE/NSE group stock has touched a 52 week high of Rs.171.25 on 05-JAN-2018 & a 52 week low of Rs 107.10 on 06-FEB-2018.

Sensex rebounce 640 Points From Day's low, Nifty Above 10,700

Indian benchmark indices, Starts in a negative note as global markets remained under selling pressure over political uncertainty in the US and concern of global economic slowdown. The Sensex is down 155.73 points or 0.44% at 35314.42, while the Nifty is down 51.00 points or 0.48% at 10612.50. All sectors are trading in the red, with maximum selling visible among auto, IT, metals and pharma. The Nifty Midcap index is half a percent lower.

In the afternoon session, Indian benchmark indices showed slight recovery from day's low. The BSE Sensex fell 0.96 percent or -340.59 points to 35,129.56 and the NSE Nifty 50 Index dropped 0.87 percent or 92.90 points to 10,570.60. All sector except media were trading in red Lead by energy, reality, pharma. The broader markets hit badly compared to benchmark indices, the NSE midcap and smallcap indices were trading down by 1.22% and 1.12%, respectively.

In the last hour of trade, Indian benchmark indices rebounded from days low, Nifty was up 62.08 % trading at 10,729.5. Indian benchmark indices made a roaring comeback and ended the market with a bullish note, the Sensex closed up 179.79 points or 0.51% at 35649.94, while the Nifty was up 66.40 points or 0.62% at 10729.90. Among sector indices, telecom gained most at 1.7% followed by finance, capital goods, bank, and industrials, which rose 0.6% to 0.9%. IT, realty, FMCG, healthcare, and power fell. Flip Side in the broader market the BSE midcap ended 0.01% down and the smallcap declined 0.21%.

Top Gainers

ADANIPORTS by 4.53% to Rs 377.45. , ZEEL by 4.20% to Rs 455.10, BHARTIARTL by 4.00% to Rs 321.45., BAJAJFINSV by 3.01% to Rs 6,463.45., HDFCBANK by 2.13% to Rs 2,125.00.

Top Losers

SUNPHARMA By -2.22% to Rs 414.95, YESBANK by -1.62% to Rs 179.35, TCS by -1.28% to Rs 1,894.00 ,TATAMOTORS by -0.81% to Rs.171.10 , INFY by -0.76% to Rs.644.10.

Analysis Of Top Gainer And Loser

ADANIPORTS is the top gainer in today's market, The company declared that it has completed the import and delivery of fifty US made GE locomotives to Indian Railways, Commissioning of locomotives was completed between OCT 2017 - Nov 2018, A landmark record for logistic and port sector. All 50 locomotives were manufactured by GE Electromotive in the US and imported to Mundra port, APSEZ concluded the import with full customer satisfaction and zero' incident.

SUNPHARMA is the top loser in today's market, The company is witnessing the selling pressure right when the rumor headed in the market that there is some concern of the corporate governance in the company.

Key Market News

There has been a nearly 600% increase in the settlement orders passed by Sebi over the past three financial years, with a record number of 200 orders passed in FY18 that accrued cumulative charges of Rs 30.8 crore to the regulator. In contrast, 34 cases were settled in FY16 resulting in charges amounting to Rs 4.4 crore.

Foreign investors have told GIFT authorities that they would be interested to invest in funds pooled in IFSC as long as they are not required to have a permanent account number (PAN) issued by the income tax department.

Bank of Japan policymakers disagreed on the feasibility of allowing bond yields to move more flexibly around the central banks zero percent target, reflecting the division within the board on how to address the growing dangers of prolonged easing.

President Donald Trump described Federal Reserve as the only problem for the U.S. economy, as top officials convened to discuss the growing rout in stock markets caused in part by the presidents attacks on the central bank.

Investments in Indian capital market through participatory notes reached Rs 79,247 crore in November after hitting 9 year low.

Stocks To Watch

BEML is on the upside while SUNPHARMA is on the downside.

BEML is currently quoting at Rs.902.90, up by Rs 33.05 or 3.80% from its previous closing of Rs.869.85 on the NSE. The scrip opened at Rs.871.20 & has touched a high & low of Rs.905.00 and Rs.852.50 respectively. So far 60,26,948(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,748.10Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 1,639.65 on 29-DEC-2018 & a 52 week low of Rs.521.25 on 26-OCT-2018.

SUNPHARMA is currently quoting at Rs.414.95 down by Rs.-9.40 or -2.22% from its previous closing of Rs.424.35 on the NSE. The scrip opened at Rs.423.45 & has touched a high & low of Rs.423.45 and Rs.410.00 respectively. So far 84,06,699(NSE) shares were traded on the counter. The current market cap of the company is Rs.99,329.74Cr. The BSE/NSE group stock has touched a 52 week high of Rs.679.30 on 06-SEP-2018 & a 52 week low of Rs 390.60 on 11-DEC-2018.

Reality and Metal Stocks Drag Markets, Sensex Down by 272 Points

Indian benchmark indices start on a positive note with the Nifty trading one-fifth of a percent higher. The Sensex was up 89.93 points or 0.25% at 35832.00, while the Nifty was higher by 21.80 points or 0.20% at 10775.80. Metals and automobiles are the ones to be in the red, while consumption, pharma and PSU banks were gainers. In the broader market, the Nifty Midcap was up quarter of a percent.

In the afternoon session, Indian benchmark traded marginally lower. The BSE Sensex fell 0.13 percent or -47.88 points to 35,694.19 and the NSE Nifty 50 Index dropped 0.25 percent or 26.40 points to 10,727. Among sectorial gauge Metal, Media, Reality was trading in the red While IT & FMCG trading in green The NSE midcap and smallcap indices were trading down by 0.41% and 0.79%, respectively.

In the last hour of trade, Nifty was trading around 10,725. Indian benchmark indices extended losses for the third straight day on Monday, taking cues from global markets as political uncertainties in the US and dim outlook of global economic growth dampened investor sentiment. The Sensex was down 271.92 points or 0.76% at 35470.15, while the Nifty was lower by 90.50 points or 0.84% at 10663.50. Sixteen of 19 sector gauges compiled by BSE ended lower led by the S&P BSE Realty Index's 2.3 percent decline. On the flipside, S&P BSE Information Technology Index was the top gainer, up 0.5 percent. The BSE mid- and small-cap indices fell 0.54% and 1.14%, respectively.

Top Gainers

INFRATEL by 1.94% to Rs 264.90. , TCS by 1.38% to Rs 1,922.00, WIPRO by 1.23% to Rs 326.05., M&M by 0.90% to Rs 788.15., KOTAKBANK by 0.88% to Rs 1,238.00.

Top Losers

JSWSTEEL By -5.16% to Rs 292.10, HEROMOTOCO by -4.76% to Rs 3,166.00, IOC by -3.11% to Rs 135.41 ,BAJAJ-AUTO by -2.86% to Rs.2,728.00 , HINDALCO by -2.77% to Rs.217.80.

Analysis Of Top Gainer And Loser

INFRATEL is the top gainer in today's market, as The Airtel board has approved the sale/transfer of up to 591.87 million equity shares (32%) of Bharti Infratel, to its wholly-owned subsidiary, Nettle Infrastructure Investments Ltd, to explore a potential monetization of its (Bharti) Infratel stake.

JSWSTEEL is the top loser in today's market, On the concern of availability of raw material at the right price and then there is the threat of cheap dumping from China.

Key Market News

Foreign investors have pumped in close to Rs 4,000 crore in the Indian capital markets this month.

Government mulls additional Rs 7,400 crore soft loan to sugar mills.

K Subramanian has taken charge as a chief economic advisor.

President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as well as the impact of a partial U.S. government shutdown.US President Donald Trumps budget director and chief of staff on Sunday said that partial US government shutdown could continue into January when the new Congress convenes and Democrats take over the House of Representatives

Stocks To Watch

UPL is on the upside while TITAN is on the downside.

UPL is currently quoting at Rs.738.00, up by Rs 2.32 or 0.32% from its previous closing of Rs.735.65 on the NSE. The stock opened at Rs.736.00 and touched a high-low of Rs.747.70-Rs.721.00 respectively. So far 17,86,546(NSE) shares were traded on the counter. The current market cap of the company is Rs 37,533.46Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 828.50 on 24-JAN-2018 & a 52 week low of Rs.537.25 on 19-JUL-2018.

TITAN is currently quoting at Rs.883.15 down by Rs.-16.90 or -1.88% from its previous closing of Rs.900.05 on the NSE. The stock opened at Rs.900.10 & touched a high-low of Rs.902.80- Rs.874.00 respectively. So far 25,54,749(NSE) shares were traded on the counter. The current market cap of the company is Rs.78,160.69Cr. The BSE/NSE group stock has touched a 52 week high of Rs.999.70 on 18-APR-2018 & a 52 week low of Rs 723.30 on 09-OCT-2018.

Market Snaps 7 Session Winning Streak Ends Marginally Lower

Indian benchmark indices declined today, halting a seven-day long winning streak, as stocks across the world fell after US Federal Reserve hinted more rate hikes ahead. .The Sensex is down 259.49 points or 0.71% at 36224.84, while the Nifty is down 78.90 points or 0.72% at 10888.40. Sixteen of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Metal Index's 1.35 percent decline. On the flipside, S&P BSE Healthcare Index was the top gainer, up 0.2 percent.

In the afternoon session, The Indian equity benchmarks were trading lower. The BSE Sensex fell 0.52 percent or -188.36 points to 36,295.97 and the NSE Nifty 50 Index dropped 0.53 percent or 58.05 points to 10,909. All sectorial gauge was trading in the red lead by Metal, Energy. The NSE midcap and smallcap indices were trading up by 0.10% and 0.41%, respectively.

In the last hour of trade, Nifty was trading around 10,920. Benchmark indices erased most of its losses and ended at day's high with Nifty closed above 10,950 level.The BSE Sensex closed 52.66 points, or 0.14%, down at 36,431.67, and the Nifty 50 ended 15.60 points, or 0.14%, lower at 10,951.70.Among the sectors, auto, infra, and pharma ended in green, while PSU bank, metal, energy, FMCG and IT index was down between 0.20 to 1 percent. The BSE midcap and smallcap indices rose 0.07% and 0.12%, respectively.

Top Gainers

YESBANK by 4.04% to Rs 186.80. , HINDPETRO by 3.45% to Rs 244.30, BPCL by 2.42% to Rs 370.50., UPL by 2.16% to Rs 772.00., HEROMOTOCO by 2.03% to Rs 3,372.30.

Top Losers

GRASIM By -3.09% to Rs 828.50, SBIN by -2.23% to Rs 294.00, BHARTIARTL by -2.12% to Rs 315.85 ,WIPRO by -2.11% to Rs.333,50 , VEDL by -1.81% to Rs.203.10.

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market, Yes Bank has recommended the name of its board member Brahm Dutt for the post of Chairman to the RBI.

GRASIM is the top loser in today's market,profit-booking was seen from a higher level in todays market.

The Federal Reserve raised borrowing costs for the fourth time this year, by 25 basis points, ignoring a stock-market selloff and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.

y trimming the number of rate hikes they foresee in 2019, to two from three, policy makers signaled they may soon pause their monetary tightening campaign. Officials had a median projection of one move in 2020.

The Dow Industrials closed at their lowest level since November 2017.

Saudi Arabia predicted that OPEC will extend supply cuts next year, Saudi Energy Minister Khalid Al-Falih said hes sure a production accord signed earlier this month will be extended in April.

UPL is currently quoting at Rs.772.00, up by Rs 16.30 or 2.16% from its previous closing of Rs.755.70 on the NSE. The scrip opened at Rs.752.00 & has touched a high & low of Rs.774.20 and Rs.746.85 respectively. So far 14,53,122(NSE) shares were traded on the counter. The current market cap of the company is Rs 39,211.75Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 828.50 on 24-JAN-2018 & a 52 week low of Rs.537.25 on 19-JUL-2018.

WIPRO is currently quoting at Rs.333.50 down by Rs.-7.20 or -2.11% from its previous closing of Rs.340.70 on the NSE. The scrip opened at Rs.336.25 & has touched a high & low of Rs.340.00 and Rs.332.35 respectively. So far 24,08,040(NSE) shares were traded on the counter. The current market cap of the company is Rs.1,50,901.86Cr. The BSE/NSE group stock has touched a 52 week high of Rs.343.95 on 13-DEC-2018 & a 52 week low of Rs 253.50 on 06-JUN-2018.

Indian benchmark indices declined, halting a 5-day winning streak, amid a selloff in global markets ahead of the US Federal Reserve monetary policy decision. The Sensex was lowered by 151.23 points or 0.42% at 36118.84, while the Nifty, down by 58.40 points or 0.54% at 10830.00. Seventeen of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Information Technology Index's 1 percent drop. On the flipside, S&P BSE Telecom Index was the top gainer, up 0.11 percent.

In the afternoon session, The Indian Equity benchmarks had continued to trade lower, The BSE Sensex traded -190.23 points, or -0.52%, down at 36079.84, and the Nifty 50 was down -60.15 points, or -0.55%, to 10,828.20. Among sector media, IT was trading in red, While Metal, Infra, Reality were trading in green. The NSE midcap and smallcap indices were trading up by 0.32% and 0.18%, respectively.

In the last hour of trade, The Indian equity benchmarks continue to reel under selling pressure, Nifty was trading around 10,864. Sharp buying in last hour helped equity benchmarks, S&P BSE Sensex rose 0.21 percent or 77 points to 36,347 and the NSE Nifty 50 Index climbed 0.19 percent or 20 points to 10,909. The BSE mid- and small-cap indices rose 0.21% and 0.45%, respectively. Among the sectoral indices on BSE, capital goods and power gained most at over 1%. Telecom, utilities, metal, and bank also advanced. IT and tech fell over 1%. FMCG and consumer durables also fell.

Top Gainers

SUNPHARMA by 2.80% to Rs 432.75. , BAJFINANCE by 2.37% to Rs 2,533.00, JSWSTEEL by 2.28% to Rs 306.70., VEDL by 2.09% to Rs 209.80., M&M by 2.07% to Rs 772.00.

Top Losers

ZEEL By -8.40% to Rs 459.70, UPL by -3.07% to Rs 744.50, INFY by -2.51% to Rs 677.00 ,TECHM by -1.55% to Rs.708.60 , WIPRO by -1.35% to Rs.335.00.

Analysis Of Top Gainer And Loser

SUNPHARMA is the top gainer in today's market, A good buying interest was seen from the lower level.

ZEEL is the top loser in today's market after Bank of America Merrill Lynch downgraded the stock to underperform and revised its target price to Rs 375

Key Market News

10-year govt bond yields fall below 7.4% as crude oil declines.

Eurozone Consumer Price Index (CPI) YoY recoreded 1.9% vs 2.0% .

Foreign institutional investors were net sellers to the tune of Rs 60.95 crore on Monday while domestic institutional investors offloaded equities worth Rs 76.84 crore, according to the data available on NSE.

The government of India is expected to shortly release a draft gold policy report that will suggest several measures to develop gold as an asset class and revamp the gold monetization scheme on the lines suggested by a Niti Aayog report titled Transforming Indias Gold Market in February 2018.

FOMC Meetings on 18-19

Stocks To Watch

BHEL is on the upside while TECH is on the downside.

BHEL is currently quoting at Rs.70.00, up by Rs 2.30 or 3.40% from its previous closing of Rs.67.70 on the NSE. The scrip opened at Rs.67.65 & has touched a high & low of Rs.70.15 and Rs.67.30 respectively. So far 1,70,72,720(NSE) shares were traded on the counter. The current market cap of the company is Rs 25,644.73Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 107.95 on 23-JAN-2018 & a 52 week low of Rs.61.70 on 11-DEC-2018.

TECHM is currently quoting at Rs.708.60 down by Rs.-11.15 or -1.55% from its previous closing of Rs.719.75 on the NSE. The scrip opened at Rs.715.00 & has touched a high & low of Rs.716.55 and Rs.704.20 respectively. So far 19,05,592(NSE) shares were traded on the counter. The current market cap of the company is Rs.69,502.87Cr. The BSE/NSE group stock has touched a 52 week high of Rs.780.80 on 03-OCT-2018 & a 52 week low of Rs 485.30 on 21-DEC-2017.

Indian equity benchmarks indices rose on Monday amid mixed cues from global markets and hopes of easing regulatory norms after new RBI chief appointment. The Sensex is up 179.58 points or 0.50% at 36142.51, while the Nifty is higher by 46.30 points or 0.43% at 10851.80. All sectoral indices are trading in the green, with metals, energy and pharmaceutical indices leading the top gainers chart. The Nifty Midcap index is up around one-third of a percent.

In the afternoon session, The Indian equity benchmarks were trading higher, The BSE Sensex traded 270.03 points, or 0.75%, up at 36232.96, and the Nifty 50 was up 60.90 points, or 0.56%, to 10,866.35. The NSE midcap and smallcap indices were trading up by 0.26% and 0.23%, respectively. Fifteen of 19 sector gauges compiled by BSE were trading higher led by the Power Index's 1.24 percent gain. On the flip side, the S&P BSE Consumer Durables Index's 0.4 percent decline.

In the last hour of trade, The Indian equity benchmarks held on to gains, Nifty was trading around 10,864. Indian benchmark indices advanced for the fifth session in a row, The BSE Sensex surged 307.14 points to settle at 36,270.07 Nifty Index reclaimed the 10,900-level, but ended 82.90 points up at 10,888.35. All the sectoral indices ended in green led by metal and energy stocks up by 2 & 1.5% followed by auto, bank, infra, and pharma space. The BSE midcap and smallcap indices rose 0.43% and 0.26%, respectively.

Top Gainers

TATAMOTORS by 4.46% to Rs 174.40. , POWERGRID by 3.66% to Rs 192.50, HDFC by 3.04% to Rs 1,961.95., COALINDIA by 2.37% to Rs 253.00., JSWSTEEL by 2.25% to Rs 299.70.

Top Losers

KOTAKBANK By -2.82% to Rs 1,220.50, INFY by -1.85% to Rs 693.00, BHARTIARTL by -1.75% to Rs 313.65 ,BAJAJFINSV by -1.54% to Rs.6,082.80 , IBULHSGFIN by -1.46% to Rs.781.30.

Analysis Of Top Gainer And Loser

TATAMOTORS is the top gainer in today's market, the company rose as much as 4.46 percent as Jaguar Land Rover will announce plans early next year to cut thousands of jobs as part of a turnaround strategy.

KOTAKBANK is the top loser in today's market, Shares of the Uday Kotak-led private sector lender fell after the Bombay High Court denied relief in founder stake matter. The Bombay High Court denied an interim stay on RBI's Aug. 13 letter that asked Kotak Mahindra Bank to reduce its promoter holding as a percentage of paid-up voting equity capital by Dec. 31.

Key Market News

November WPI inflation at 4.64% vs 5.28% in October.

India Trade Balance Reported -16.67B vs -17.13B MoM.

Foreign institutional investors were net buyers on Friday to the tune of Rs 861.94 crore while DIIs sold equities worth Rs 302.52 crore.

China temporarily lifts retaliatory tariffs on the US.

The 31st Goods and Services Tax (GST) Council meeting is scheduled to be held on December 22 in Delhi.

Stocks To Watch

WIPRO is on the upside while AXISBANK is on the downside.

WIPRO is currently quoting at Rs.338.70, up by Rs 5.60 or 1.68% from its previous closing of Rs.333.10 on the NSE. The scrip opened at Rs.335.95 & has touched a high & low of Rs.341.75 and Rs.334.40 respectively. So far 34,35,697(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,53,729.43Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 343.95 on 13-DEC-2018 & a 52 week low of Rs.253.50 on 06-JUN-2018.

AXISBANK is currently quoting at Rs.616.50 down by Rs.-3.75 or -0.60% from its previous closing of Rs.620.25 on the NSE. The scrip opened at Rs.622.55 & has touched a high & low of Rs.624.50 and Rs.616.15 respectively. So far 48,43,342(NSE) shares were traded on the counter. The current market cap of the company is Rs.1,58,625.60Cr. The BSE/NSE group stock has touched a 52 week high of Rs.677.95 on 10-SEP-2018 & a 52 week low of Rs 481.25 on 27-APR-2018.

Positive Macro Cues Drives Market, Sensex Rises 150 Points

Indian equity benchmarks indices rallied sharply in the opening, continuing uptrend for third straight session after retail inflation and IIP data. Sensex rose 233.07 points to 36,012.14 and the Nifty gained 68.30 points at 10,805.90. All sector barring the BSE Healthcare Index was trading higher led by the FMCG and Realty Indices' 0.9 percent gain.Mid- and small-cap shares were outperforming their larger peers as the MidCap and SmallCap Indices rose 1 percent each.

In the afternoon session, After a gap up opening the Indian equity benchmarks were trading flat, The BSE Sensex traded 139.02 points, or 0.39%, up at 35918.09, and the Nifty 50 was up 42.55 points, or 0.40%, to 10,780.15. The NSE midcap and smallcap indices were trading up by 0.86% and 1.16%, respectively. Among sectoral all indices were trading in the green lead by Reality, Auto, & Banks.

In the last hour of trade, Nifty was hovering around 10,800 Mark. Indian benchmark indices continued their winning streak for a third day. The Sensex was up 150.57 points or 0.42% at 35929.64, while Nifty was up 53.90 points or 0.50% at 10791.50. Sixteen out of 19 sector indices on BSE gained, with consumer durables, realty, and capital goods rising over 1%. Energy, telecom, and metal declined. The BSE mid- and small-cap indices rose 0.82% and 0.65%, respectively.

Top Gainers

IBULHSGFIN by 5.41% to Rs 774.00. , GRASIM by 3.24% to Rs 837.85, BAJAJFINSV by 3.18% to Rs 6,179.45., WIPRO by 2.71% to Rs 339.00., MARUTI by 2.61% to Rs 7,666.50.

Top Losers

YESBANK By -6.32% to Rs 174.80, SUNPHARMA by -2.19% to Rs 422.00, UPL by -2.16% to Rs 773.00 ,TATASTEEL by -1.75% to Rs.511.15 , TCS by -1.73% to Rs.1,981.95 .

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market, the company extended rally on hopes of softer liquidity conditions after the appointment of new RBI governor.

YESBANK is the top loser in today's market, Yes Bank Ltd.'s board has chosen a new non-executive, part-time chairman, the lender said in a filing to the exchanges, without mentioning the name. The board members at today's meet included two new independent directors TS Vijayan and Uttam Agarwal. This leaves only one vacancy on the board after three members left the board over the last month citing governance issues. As for a replacement for Chief Executive Officer Rana Kapoor, the lender has shortlisted names and will submit the final recommendation to the central bank after the next board meeting on Jan. 9, 2019

Key Market News

India Consumer Price Index (CPI) YoY reported 2.33%

India Industrial Production YoY recorded 8.1%

India Manufacturing Output MoM reported 7.9%

Fuel and light inflation stood at 7.39 percent, down from 8.55 percent in October.

Housing inflation stood at 5.99 percent, down from 6.55 percent in October.

Clothing and footwear inflation was at 3.53 percent compared with 3.55 percent in October 2018.

Inflation in the households goods and services segment stood at 5.80 percent, compared with 6.06 percent in October 2018.

Inflation in the transport and communication segment came in at 6.09 percent, lower than 7.72 percent in August 2018.

Rural inflation was at 1.71 percent much lower than urban inflation which is currently at 3.12 percent. The rural consumption basket

The Securities and Exchange Board of India (Sebi) has allowed mutual funds to create segregated portfolios for stressed debt securities and eased listing norms for start-ups.

Stocks To Watch

SBI is on the upside while YESBANK is on the downside.

SBI is currently quoting at Rs.288.85, up by Rs 3.60 or 1.26% from its previous closing of Rs.285.25 on the NSE. The scrip opened at Rs.290.00 & has touched a high & low of Rs.294.00 and Rs.285.75 respectively. So far 2,40,97,152(NSE) shares were traded on the counter. The current market cap of the company is Rs 2,57,563.60Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 332.75 on 25-JAN-2018 & a 52 week low of Rs.232.35 on 23-MAR-2018.

YESBANK is currently quoting at Rs.174.80 down by Rs.-11.80 or -6.32% from its previous closing of Rs.186.60 on the NSE. The scrip opened at Rs.193.00 & has touched a high & low of Rs.193.20 and Rs.172.30 respectively. So far 10,89,20,029(NSE) shares were traded on the counter. The current market cap of the company is Rs.40,389.82Cr. The BSE/NSE group stock has touched a 52 week high of Rs.404.00 on 20-Aug-2018 & a 52 week low of Rs 146.75 on 29-NOV-2018.

Indian equity benchmarks extended gains for the second day, Shares of banks and non-banking finance companies (NBFCs) outperformed benchmark indices, hoping that the new RBI governor might re-examine the demand for an easier prompt corrective action (PCA) framework and a special liquidity window. The Sensex is up 128.23 points or 0.36% at 35278.24, while the Nifty is higher by 33.20 points or 0.31% at 10582.40. All sectoral indices are trading in the green, with most gains seen in metals, infrastructure, banks, and automobiles.

In the afternoon session, Indian equity benchmarks extended gains, The BSE Sensex traded 389.29 points, or 1.11%, up at 35539.30, and the Nifty 50 was up 119.10 points, or 1.13%, to 10,668.25. The NSE midcap and smallcap indices were trading at 2.08% and 1.78%, respectively. Among sectoral all indices were trading in the green lead by Metal, Banks,FMCG & Auto.

In the last hour of trade, Indian equity Benchmark indices were trading at days high, Nifty trading at 10,675. Bulls took charge right from the word go and consistently traded in the green. But intense buying in the last hour helped the market end on an even stronger note. The BSE Sensex closed 629.06 points, or 1.79%, up at 35,779.07 and the Nifty 50 ended 188.45 points, or 1.79%, higher at 10,737.60. Buying was visible across all sectors, with maximum gains seen among automobiles, metals, banks, infrastructure and consumption names. In the broader market, the Nifty Midcap index ended 3 percent higher.

Top Gainers

BHARTIARTL by 7.15% to Rs 311.00. ,IBULHSGFIN by 6.91% to Rs 740.80, HEROMOTOCO by 6.88% to Rs 3,248.00., ADANIPORTS by 5.37% to Rs 374.85., UPL by 5.02% to Rs 785.50.

Top Losers

DRREDDY By -4.38% to Rs 2,597.05, INFRATEL by -0.77% to Rs 251.20, HINDPETRO by -0.55% to Rs 218.90.,TITAN by -0.39% to Rs.929.50.

Analysis Of Top Gainer And Loser

BHARTIARTL is the top gainer in today's market, A strong buying was seen from lower levels with heavy volume.

DRREDDY is the top loser in today's market, Dr. Reddys Laboratories will have to wait a little longer before it can start selling a generic version of Indivior Plcs Suboxone Film opioid addiction treatment, a U.S. appeals court ruled Tuesday.

Key Market News

Former economic affairs secretary Shaktikanta Das was named the 25th governor of the Reserve Bank of India to succeed Urjit Patel, The appointment means that the central bank will once again be headed by a former Indian Administrative Services (IAS) officer.Iran confirms that Tehran recently carried out a ballistic missile test, to the anger of US.

Positive news about fresh talks for a US-China trade deal also infused optimism in markets. In an interview with Reuters, US President Donald Trump said talks were taking place with Beijing by phone and he would not raise tariffs on Chinese imports until he was sure about a deal.

U.K. Average Earnings Index +Bonus recorded 3.3%, Forecasted 3.0%. Reading stronger than forecast is generally supportive (bullish) for the GBP.

BJP lost power in three key states on Tuesday, dealing Prime Minister Narendra Modi his biggest defeat since he took office in 2014 and boosting the opposition ahead of national polls next year. A close fight between Congress and BJP was witnessed in Madhya Pradesh. While Congress has gained a majority at 114 seats, it missed the magic number by 2 seats. Samajwadi Party said that it would support the Congress if the need arises. While the BSP supremo Mayawati has said that her party will not support the BJP, it is mum on support to Congress.

Stocks To Watch

M&M is on the upside while Godrej industries is on the downside.

M&M is currently quoting at Rs.750.50, up by Rs 28.15 or 3.90% from its previous closing of Rs.722.35 on the NSE. The scrip opened at Rs.725.00 & has touched a high & low of Rs.753.00 and Rs.721.25 respectively. So far 34,60,136(NSE) shares were traded on the counter. The current market cap of the company is Rs 93,158.63Cr. The NSE/BSE group stock has touched a 52 week high of Rs. 993.00 on 29-Aug-2018 & a 52 week low of Rs.694.00 on 11-Dec-2018.

Godrej industries is currently quoting at Rs.542.80 down by Rs.-10.20 or -1.84% from its previous closing of Rs.553.00 on the NSE. The scrip opened at Rs.557.90 & has touched a high & low of Rs.561.00 and Rs.538.25 respectively. So far 11,63,810(NSE) shares were traded on the counter. The current market cap of the company is Rs.18,257.07. The BSE/NSE group stock has touched a 52 week high of Rs.657.60 on 01-Aug-2018 & a 52 week low of Rs 434.50 on 25-OCT-2018.

Market Recovers Post Steep Downtrend on Election Results

Indian equity benchmarks fell after Reserve Bank of India's Governor Urjit Patel resigned citing personal reasons. The BSE Sensex opened at 34,584.13, and hit a low of 34,458.56, down 501.16 points. The Nifty 50 opened at 10,350.05 and fell 153.35 points to a low of 10,335.10. The BSE midcap and smallcap indices fell 0.6% and 0.73%, respectively. All the sectoral indices on BSE traded lower with energy, finance, telecom, auto, bank and oil, and gas losing over 1%.

In the afternoon session, Indian equity benchmarks recover for the days low, The BSE Sensex traded 48.78 points, or 0.14%, down at 34,910.94, and the Nifty 50 was down 17.60 points, or 0.17%, to 10,470.85. Outperforming the benchmark index, the BSE midcap and smallcap indices 0.95% and 0.49%, respectively. Among the sectoral indices on BSE, IT, healthcare, tech, and FMCG advanced, while energy, oil, and gas, utilities, telecom and finance declined.

In the last hour of trade, Indian equity Benchmark indices were trading strong, Nifty trading around 10,500 marks. Indian equity benchmarks rebounded despite Urjit Patel's exit from Reserve Bank of India and ruling Bharatiya Janata Party trailing to Congress in Rajasthan and Chhattisgarh. The BSE Sensex closed 190.29 points, or 0.54%, up at 35,150.01 and the Nifty 50 ended 60.70 points, or 0.58%, higher at 10,549.12.Mid- and small-cap shares were outperforming their larger peers. The MidCap Index rose 1.67 percent while the SmallCap Index climbed 1.82 percent

Top Gainers

YESBANK by 8.09% to Rs 179.05. ,SUNPHARMA by 6.22% to Rs 423.80,ASIANPAINT by 3.82% to Rs 1,332.85., KOTAKBANK by 3.39% to Rs 1,239.00.,BAJAJFINSV by 3.09% to Rs 5,870.00.

Top Losers

HINDPETRO By -3.00% to Rs 219.90, IOC by -1.75% to Rs 132.00, BHARTIARTL by -1.61% to Rs 290.20.,HDFCBANK by -1.56% to Rs.2,056.15 , BPCL by -1.29% to Rs 326.00 .

Analysis Of Top Gainer And Loser

YESBANK is the top gainer in today's market, The company witnessed a strong volume based buying after a steep correction in last Few trading sessions.

HINDPETRO is the top loser in today's market, Saudi Arabia, Russia and the rest of the OPEC+ coalition delivered a bigger than expected oil production cut, the group eventually agreed to remove 1.2 million barrels a day from the oil market in the first quarter of 2019, More than 1 percent of global production to revise prices

A U.K. court allowed Vijay Mallyas extradition to India to face fraud and money laundering charges.
The MSCI India index turned negative for the year with a 2.2% decline so far in 2018 in rupee terms and a 12.5% fall in dollar terms. The difference in local currency and US dollar returns is the second widest after South Africa as the rupee declined more than 12% in 2018. However, in terms of local currency, Indias equity performance is the second best after Russia. Indices from Germany, China, South Korea, and South Africa declined between 15% and 17%.
Bharatiya Janata Party is set to lose power to Congress in Chhattisgarh and Rajasthan. While, both the parties were neck and neck in Madhya Pradesh. In Telangana, TRS headed by K Chandrasekar Rao and MNF in Mizoram are set to form the government.

Stocks To Watch

TITAN is on the upside while RELINFRA is on the downside.

TITAN is currently quoting at Rs.931.60, up by Rs 24.50 or 2.70% from its previous closing of Rs.907.10 on the NSE. The scrip opened at Rs.899.00 & has touched a high & low of Rs.936.95 and Rs.894.15 respectively. So far 27,92,386(NSE) shares were traded on the counter. The current market cap of the company is Rs 82,728.35Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 999.70 on 18-APR-2018 & a 52 week low of Rs.732.30 on 09-OCT-2018.

RELINFRA is currently quoting at Rs.293.00, down by Rs.-4.50 or -1.51% from its previous closing of Rs.297.50 on the NSE. The scrip opened at Rs.294.00 & has touched a high & low of Rs.302.60 and Rs.290.65 respectively. So far 57,95,739(NSE) shares were traded on the counter. The current market cap of the company is Rs.7,680.62. The BSE/NSE group stock has touched a 52 week high of Rs.589.90 on 01-JAN-2018 & a 52 week low of Rs 275.10 on 08-OCT-2018.

Poll Results Drag Markets, Nifty gives up 10,500

Indian equity benchmarks staged a gap down opening, Exit poll results, as well as weak global cues, could have weighed on indices. The Sensex was down 502.05 points or 1.41% at 35171.20, while the Nifty was down 156.60 points or 1.46% at 10537.10. Selling was visible across all sectors, with metals, infrastructure, automobiles, banks, and pharmaceuticals being the top losers. The Nifty Midcap index is down around 2 percent.

In the afternoon session, Indian equity benchmarks continue to trade on a weak note, All the sectoral indices were trading in red led by energy, FMCG, Infra, auto, ban, metal, and pharma. the Sensex was down by 542.63 points at 35,130.62, while Nifty down 161.70 points at 10532.

In the last hour of trade, Indian equity Benchmark indices were trading low, Nifty trading around 10,500 marks. Bears took complete control on D-Street After exit polls predicted close fight for the Bharatiya Janata Party in Madhya Pradesh and Chhattisgarh while a victory for Congress in Rajasthan before general elections in 2019. Selling was visible across all sectors, with maximum pain seen among banks, automobiles, energy, consumption, and pharmaceuticals, among others. the Sensex was down 713.53 points or 2.00% at 34959.72, and the Nifty down 205.20 points or 1.92% at 10488.50. Selling pressure was broad-based as the MidCap and SmallCap Indices fell 1.8 percent each.

Top Gainers

IOC by 3.51% to Rs 134.30. ,BPCL by 1.72% to Rs 331.00,COALINDIA by 0.32% to Rs 237.50., HINDPETRO by 0.29% to Rs 225.45.,MARUTI by 0.15% to Rs 7,325.00.

Top Losers

KOTAKBANK By -6.11% to Rs 1,201.50,IBULHSGFIN by -4.79% to Rs 682.50,RELIANCE by -4.30% to Rs 1,085.,ULTRACEMCO by -4.01% to Rs.3,775.00 , BHARTIARTL by -3.93% to Rs 292.00 .

Analysis Of Top Gainer And Loser

IOC is the top gainer in today's market as The board meeting of the company is scheduled on December 13 to consider and approve the buyback of the fully paid-up equity shares of the company of face value of Rs 10 each. The board will also consider declaration of interim dividend on the equity shares of the company for the Financial Year 2018-19.

Kotak Mahindra Bank is the top loser in today's market, Kotak Mahindra Bank Ltd said it had challenged in court the central bank's decision to disregard the issue of preference shares to reduce promoter stake in the private-sector lender, sending shares sharply lower. Uday Kotak, the billionaire head of Kotak Mahindra Bank, has been asked by the Reserve Bank of India (RBI) to lower his holding in the lender to 20 percent by this year-end, and to 15 percent by March 31, 2020. Uday Kotak directly held a 29.73 percent stake in the lender, as of September 30, 2018, according to Bombay Stock Exchange data.

Key Market News

U.K. Gross Domestic Product (GDP) MoM reported 0.1% as per the expectation. Japan Gross Domestic Product (GDP) YoY Reported -2.5%, Forecasted -1.9%, lower than expected reading can be taken as negative/bearish for the JPY.
Saudi Arabia, Russia and the rest of the OPEC+ coalition delivered a bigger than expected oil production cut, the group eventually agreed to remove 1.2 million barrels a day from the oil market in the first quarter of 2019, More than 1 percent of global production to revise prices.

SWIFT India Domestic Services, the local unit of SWIFT (Society for Worldwide Interbank Financial Telecommunication) global that facilitates international payments functions for banks, has appointed Arundhati Bhattacharya, former chairman of State Bank of India, as its chairman.

Stocks To Watch

Kaveri seed is on the upside while SUNPHARMA is on the downside.

Kaveri seed is currently quoting at Rs.532.50, up by Rs 18.55 or 3.61% from its previous closing of Rs.513.95 on the NSE. The scrip opened at Rs.512.00 & has touched a high & low of Rs.540.70 and Rs.503.90 respectively. So far 6,34,004(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,516.10Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 660.70 on 31-Aug-18 & a 52 week low of Rs.431.20 on 06-Feb-2018.

SUNPHARMA is currently quoting at Rs.399.00, down by Rs.-12.25 or -2.98% from its previous closing of Rs.411.25 on the NSE. The scrip opened at Rs.405.00 & has touched a high & low of Rs.409.25 and Rs.397.05 respectively. So far 2,46,90,744(NSE) shares were traded on the counter. The current market cap of the company is Rs.95,694.84. The BSE/NSE group stock has touched a 52 week high of Rs.679.30 on 06-SEP-2018 & a 52 week low of Rs 397.05 on 10-DEC-2018.

Nifty Tastes 10600, Financial, Oil, Metal The Culprits.

Indian equity benchmarks start weak on Thursday as Nifty slipped below 10,750 level. the Sensex is down 199.23 points at 35,685.18, while Nifty down 64.60 points at 10,718.30. All sector were trading lower led by the BSE Metal Index's 1.75 percent fall. Realty, oil & gas, telecom, and basic materials indices also fell over a percent each.Mid- and small-cap stocks were also facing selling pressure as the BSE MidCap Index fell 0.8 percent and the BSE SmallCap Index declined 0.6 percent.

In the afternoon session, Equity benchmarks continued to trade lower. The Sensex is down 356.1 points or 0.99% at 35524.64, while the Nifty is lower by 124.90 points or 1.16% at 10658.20. Among sectors, all are trading in red with reality almost down by 3%.

In the last hour of trade, Indian equity Benchmark indices were trading on days low, Nifty below 10,650 marks. Indian equity benchmarks extended decline to the third day ahead of crucial OPEC meeting later today and state elections exit poll. The Sensex was down 572.28 points at 35,312.13, while Nifty was down 181.70 points at 10,601.20. About 745 shares have advanced, 1778 shares declined, and 150 shares are unchanged. The broader markets also fell in line with frontliners as the Nifty Midcap slipped 1.62 percent.

Top Gainers

SUNPHARMA by 1.11% to Rs 417.55. ,JSWSTEEL by 0.54% to Rs 306.00,GAIL by 0.19% to Rs 350.00., POWERGRID by 0.03% to Rs 183.55.

Top Losers

IBULHSGFIN By -5.97% to Rs730.00.,MARUTI by -4.67% to Rs 7,201.00,BAJAJFINSV by -4.43% to Rs 5,641.00.,TECHM by -4.38% to Rs.695.00 , TATAMOTORS by -3.96% to Rs 162.50.

Analysis Of Top Gainer And Loser

SUNPHARMA is the top gainer in today's market as recovery was seen in the stock after steep correction in last 3 sessions.

IBULHSGFIN is the top loser in today's market owing to intense selling pressure.

Key Market News

Australia Trade Balance recorded 2.316B, Expected 3.100B. A lower than expected reading can be taken as negative/bearish for the AUD.

Sovereign bonds are expected to extend their rally after the central bank signaled it may expand debt purchases until March through open market operations. The rally in bonds saw the yield on the benchmark note dropping to its lowest since April.

The Reserve Bank of India has asked lenders to link all new floating-rate loans to external benchmarks to improve transparency. Starting April 1, Banks will have the discretion to decide on the spread at the inception of the loan but that should remain constant over the period of the loan unless there is a change in the borrowers credit score. The external benchmarks that the banks can choose from include: The 91-day T-bill yield, The 182-day T-bill yield, Any other benchmark market interest rate produced by the FBIL.

Saudi Arabia, Russia and other members of the OPEC+ group recommended an oil production cut, but their meeting didnt agree on how big any reduction should be. Ministers from the core OPEC group, which doesnt include Russia, will now meet on Thursday to seek a consensus on exactly who will cut and by how much. While Saudi Arabia, the groups biggest producer, will shoulder most of the burden, the kingdom wants commitments from other countries before completing a final deal.

Stocks To Watch

Siemens Limited is on the upside while VIP Industries is on the downside.

Siemens Limited is currently quoting at Rs.921.05, up by Rs 14.70 or 1.62% from its previous closing of Rs.906.35 on the NSE. The scrip opened at Rs.912.35 & has touched a high & low of Rs.946.55 and Rs.902.75 respectively. So far 19,79,028(NSE) shares were traded on the counter. The current market cap of the company is Rs 32,834.29 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 1336.00 on 01-FEB-18 & a 52 week low of Rs.850.25 on 09-OCT-2018.

VIP INDUSTRIES is currently quoting at Rs.510.05, down by Rs.-13.20 or -2.52% from its previous closing of Rs.523.25 on the NSE. The scrip opened at Rs.517.00 & has touched a high & low of Rs.519.00 and Rs.500.05respectively. So far 2,69,525(NSE) shares were traded on the counter. The current market cap of the company is Rs.7,214.25Crore. The BSE/NSE group stock has touched a 52 week high of Rs.647.00 on 28-AUG-2018 & a 52 week low of Rs 287.10 on 19-MAR-2018.

Markets Not Impressed With RBI Policies, Continues Downtrend For The Second Day.

Indian equity benchmarks fell sharply ahead of Reserve Bank of India's monetary policy decision & weak global cues. The Sensex is down 166.52 points at 35967.79, while Nifty is down 51.50 points at 10818. All sector compiled by BSE were trading lower led BSE Metal Index's 1.2 % fall., The border market mid & small-cap shares were in line with larger peers as the MidCap and SmallCap Indices fell 0.4 percent each.

In the afternoon session, Equity benchmarks continued to trade lower ahead of RBI meeting outcome. The Sensex is down 244.16 points or 0.68% at 35889.64, while the Nifty is lower by 84.04 points or 0.77% at 10785.20. Among sectors, all are trading in red with metal almost down by 3%.

In the last hour of trade, Indian equity Benchmark indices are under pressure Nifty is trading below 10,800 level. Indian equity benchmarks extended decline to the second day after the Reserve Bank of India maintained its hawkish stance on inflation while maintaining status quo on rates. the Sensex was down 249.90 points or 0.69% at 35884.41, while the Nifty was lower by 80.20 points or 0.74% at 10789.30. Selling was visible across all major sectors, with automobiles, banks, consumption, infrastructure, metals, and pharma ending in the red. The Nifty Midcap was down over a percent.

Top Gainers

HINDUNILVR by 2.45% to Rs. 1,852.00, HDFC by 1.60% to Rs 1,970.50, INFRATEL by 1.24% to Rs.258.00, HCLTECH by 0.95% to Rs.1,046.05, HDFCBANK by 0.84% to Rs. 2,103.00.

Top Losers

SUNPHARMA by -5.80% to Rs. 417.20, HINDALCO by -5.19% to Rs 221.25, TATASTEEL by -4.03% to Rs.516.50, IBULHSGFIN by -3.94% to Rs. 772.00, VEDL by -3.93% to Rs. 198.10 .

Analysis Of Top Gainer And Loser

Hindustan Unilever is the top gainer in today's market as Company will merge GlaxoSmithKline Consumer Healthcare Ltd with itself for an all-equity transaction worth Rs 31,700 crore. The deal would bring the brand of Horlicks, a malted-milk, in Hindustan Unilever's portfolio

SUNPHARMA was the top loser in today's market as the Securities and Exchange Board of India is likely to reopen an insider trading case against Sun Pharmaceutical Industries Ltd. as well as probe alleged lapses by some of its promoters and other entities in raising funds overseas.

Brexit, May lost three key votes on a day of drama in the House of Commons highlighting the weakness of her position. On Dec. 11, Parliament will vote finally on whether to accept or reject the withdrawal agreement that May and the EU reached in November.

TECHM is currently quoting at Rs.728.00, up by Rs 4.45 or 0.62% from its previous closing of Rs.723.55 on the NSE. The scrip opened at Rs.711.05 & has touched a high & low of Rs.739.90 and Rs.711.05 respectively. So far 48,64,922(NSE) shares were traded on the counter. The current market cap of the company is Rs 71,379.32Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 780.80 on 03-OCT-18 & a 52 week low of Rs.462.65 on 05-DEC-2017.

TATA CHEMICALS is currently quoting at Rs.666.00, down by Rs.-17.30 or -2.53% from its previous closing of Rs.683.30 on the NSE. The scrip opened at Rs.682.50 & has touched a high & low of Rs.683.65 and Rs.665.00 respectively. So far 7,21,646(NSE) shares were traded on the counter. The current market cap of the company is Rs.16,984.60Crore. The BSE/NSE group stock has touched a 52 week high of Rs.787.50 on 04-MAY-2018 & a 52 week low of Rs 622.00 on 09-OCT-2018.

Despite IT, Pharma Trade Higher, Sensex closes over 100 points lower

Benchmark indices started the day on the flat note with Nifty was trading below 10,900. BSE Sensex was up 2.63 points or 0.01% at 36243.63, and the Nifty up 1.20 points or 0.01% at 10885. Ten of 19 sectors compiled by BSE were trading lower dragged by the Realty Index's 0.55 percent drop. On the flip side, the Oil & Gas Index was the top gainer, up 0.5 percent.Mid- and small-cap shares were underperforming their larger peers as the MidCap and SmallCap Indices rose over 0.15 percent each.

In the afternoon session, Indian equity Benchmark indices continue to trade lower on Tuesday with Nifty is hovering around 10,850 level, while Sensex is down nearly 170 points, About 982 shares have advanced, 922 shares declined, and 110 shares are unchanged. Nifty Midcap 100 was trading lower down by 20 pts.

In the last hour of trade, Indian equity Benchmark indices were trading on a weak note, Nifty below 10,900. Indian equity benchmarks closed lower, ahead of RBIs monetary policy committee meeting outcome on Wednesday. Sensex closed down 106.69 points or 0.29% at 36134.31, while the Nifty was lower by 14.30 points or 0.13% at 10869.50. Among sectors, weakness was visible among auto, banks, consumption, and infra, while IT and pharma index ended in the green. The Nifty Midcap index was lower by around 0.23 percent.

Top Gainers

BPCL by 2.79% to Rs. 333.00, ONGC by 2.60% to Rs 146.20, UPL by 2.58% to Rs.751.50, IBULHSGFIN by 2.49% to Rs.802.55, IOC by 2.18% to Rs. 135.70.

Top Losers

SUNPHARMA by -2.72% to Rs. 443.00, M&M by -2.55% to Rs 741.65, GRASIM by -2.26% to Rs.845.00, HDFC by -1.91% to Rs. 1,942.85, SBIN by -1.46% to Rs. 282.60 .

Analysis Of Top Gainer And Loser

BPCL is the top gainer in today's market as strong buying was seen in the stock.

Sun Pharma highlighted that there was no wrongdoing and gave clarity on the recent queries raised on the company. Founder Dilip Shanghvi said that the points raised in the sales note pertained to information which was sourced from the public domain. He added that while few of the issues were not related to the company, and some were factually incorrect and were 10-15 years. He also said that the company had not received any communication from the SEBI on reopening the insider trading case. The investor has shown less believe and crack the stock for the 2nd consecutive trading day, ending with top loser on NSE.

Key Market News

The German Manufacturing Purchasing Managers' Index (PMI) reported 51.8, forecasted 51.6. A higher than expected reading can be taken as positive/bullish for the EUR.

U.K. Manufacturing Purchasing Managers Index (PMI) recorded 53.1, Expected 51.6.A higher than expected reading can be taken as positive/bullish for the GBP

India and the US have agreed to accelerate defence and security ties as Defence Minister Nirmala Sitharaman met her American counterpart James Mattis, who described India as a "stabilizing force" across the Indo-Pacific and the globe.

US Defence Secretary Mattis welcomed Sitharaman to the Pentagon on Monday for the fourth set of talks the two defence leaders have held this year. Sitharaman, the first woman defense minister of India, is currently on a five-day maiden trip to the US. From here, she will travel to California to visit the Defense Innovation Unit of the Department of Defense and the Indo-Pacific Command headquarters in Hawaii.

Rating agency Moodys Investors Services outlook for Indian banks over the next 12-18 months is stable as the pace of bad asset accumulation slowed.Our outlook for the Indian banking system is stable, underpinned by healthy economic growth, and weak but stabilizing asset quality, Moodys vice-president and senior credit officer, Srikanth Vadlamani, said.

Stocks To Watch

WIPRO is on the upside while BHARTI INFRATEL is on the downside.

WIPRO is currently quoting at Rs.334.45, up by Rs.6.20 or 1.89% from its previous closing of Rs.328.25 on the NSE. The scrip opened at Rs.328.25 & has touched a high & low of Rs.341.25 and Rs.325.70 respectively. So far 59,71,908(NSE) shares were traded on the counter. The current market cap of the company is Rs 1,51,535.08 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 341.25 on 04-DEC-18 & a 52 week low of Rs.253.50 on 06-JUN-2017.

BHARTI INFRATEL is currently quoting at Rs.254.70, down by Rs.-1.30 or -0.51% from its previous closing of Rs.256.00 on the NSE. The scrip opened at Rs.255.70 & has touched a high & low of Rs.257.00 and Rs.252.50 respectively. So far 40,28,606(NSE) shares were traded on the counter. The current market cap of the company is Rs.47,054.03Crore. The BSE/NSE group stock has touched a 52 week high of Rs.388.45 on 04-DEC-2017 & a 52 week low of Rs 242.25 on 04-OCT-2018.

Sensex ends flat, Nifty fails to close above 10,900

Indian equity benchmarks extended gains for the sixth day and are set for their longest winning streak in over four months, The Sensex was up 234.77 points or 0.65% at 36429.07, and the Nifty higher by 54.60 points or 0.50% at 10931.40. Metals were trading strong, followed by consumption and banking names, while IT stocks were performing well too. The Nifty Midcap was up over half a percent.

In the afternoon session, Indian equity benchmarks erased gains dragged by Sun Pharma, Reliance Industries and Mahindra & Mahindra. the Sensex was up 30.13 points at 36,224.43, while Nifty was up by 1.60 points at 10, 878.40. About 1212 shares have advanced, 937 shares declined, and 107 shares are unchanged. Broader market Nifty MIdcap 100 was trading Higher up by 113.40 pts.

In the last hour of trade, Benchmark indices were trading flat with Nifty below 10,900. Indian equity benchmarks rose for the sixth straight day, with NSE Nifty 50 Index clocking its longest winning streak since April, Sensex rose 0.13 percent or 46.70 points to 36,241 while the NSE Nifty 50 Index was little changed at 10,883.75. Consumption, IT, metals and PSU banks were the big gainers, while the Nifty Midcap index outperformed front line indices. Pharmaceuticals were the big losers, with the Nifty Pharma ending over 2 percent lower.

Top Gainers

IBULHSGFIN by 9.98% to Rs. 787.00, YESBANK by 4.92% to Rs 178.15, HINDUNILVR by 4.68% to Rs.1,836.00, VEDL by 3.63% to Rs.202.95, GAIL by 3.50% to Rs. 355.05.

Top Losers

SUNPHARMA by -7.53% to Rs. 455.50, HINDPETRO by -3.49% to Rs 224.25, M&M by -3.47% to Rs.763.45, UPL by -2.76% to Rs. 736.90, ZEEL by -2.45% to Rs. 476.65

Analysis Of Top Gainer And Loser

IBULHSGFIN is the top gainer in today's market as The Company on November 29, 2018, allotted its Eighth tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakh each (NCDs) aggregating to Rs 200 crore, the company is in the process of issuing secured, redeemable, non-convertible debentures of face value Rs 10 lakh each aggregating Rs 20,000 crore, on a private placement basis.

Shares of the country's largest pharmaceutical company fell as much as 10.3 percent, the most since May 2017, to Rs 442 ,The stock was the worst performer on Sensex and Nifty, The Securities and Exchange Board of India is likely to reopen an insider trading case against Sun Pharmaceutical Industries Ltd. as well as probe alleged lapses by some of its promoters and other entities in raising funds overseas. The stock closed -7.53% trading at 455.50.

U.S. President Donald Trump and Chinese President Xi Jinping agreed to keep their trade war from escalating with a promise to halt the imposition of new tariffs for 90 days as the worlds two largest economies negotiate a lasting agreement. The truce between the U.S. and China emerged after a highly anticipated dinner Saturday between Trump and Xi on the sidelines of the Group of 20 summits in Argentina. Qatar will withdraw from the Organization of Petroleum Exporting Countries from Jan. 1, Minister of State for Energy Affairs Saad Sherida Al-Kaabi said in Doha. The decision to withdraw is technical and country intends to focus on natural gas production; it will not be bound by OPECs agreements after exiting from the group, Al-Kaabi said at a press conference in Doha.

Stocks To Watch

HINDUNILVR is on the upside while RELINFRA is on the downside.

HINDUNILVR is currently quoting at Rs.1,836.00, up by Rs.82 or 4.68% from its previous closing of Rs.1,754.00 on the NSE. The scrip opened at Rs.1,769.50 & has touched a high & low of Rs.1,838.30 and Rs.1,748.05 respectively. So far 43,10,053(NSE) shares were traded on the counter. The current market cap of the company is Rs 3,95,243.25 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 1,838.30 on 03-DEC-18 & a 52 week low of Rs.1,241.20 on 24-DEC-2017.

RELINFRA is currently quoting at Rs.330.95, down by Rs.-0.35 or -0.11% from its previous closing of Rs.331.30 on the NSE. The scrip opened at Rs.334.00 & has touched a high & low of Rs.339.10 and Rs.326.10 respectively. So far 40,51,303(NSE) shares were traded on the counter. The current market cap of the company is Rs.8,733.90 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.589.90 on 01-JAN-2018 & a 52 week low of Rs 275.10 on 08-OCT-2018.

Strong end to November series, Nifty above 10,850; Sensex clocks 36K

Indian equity benchmarks extended gains for the third day. The Sensex was up by 269.12 points or 0.75% at 35986.07, while the Nifty was higher by 67.10 points or 0.63% at 10796.00. The rupee had opened at 70.09 per US dollar, a three-month high for the currency. The market was tilted in favor of buyers. Ten out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Metal Indexs 1.15 percent gain. On the flipside, NSE Nifty IT Index was the only sectoral loser, down 0.21 percent.

In the afternoon session, Indian equity benchmarks extended gains for the fourth day and traded at day's high. Sensex Index rose as much as 0.97 percent to 36,062.99 and the NSE Nifty 50 Index rose as much as 1 percent to 10,820.15. Metal, Media, FMCG index were traded higher while IT, Power index remained lower. Broader market Nifty MIdcap 100 was trading Higher up by 43.40 pts. The rupee was trading below 70 per US dollar.

In the last hour of trade, Benchmark indices continue to trade strong Sensex up by 450.2 points, and the Nifty up 129.50 points or 1.20% at 10858.50. Indian equity benchmarks rallied for the fourth day to end near a two-month high, Ten out of eleven sectoral gauges compiled by NSE advanced led by the NSE Nifty Financial Services Index's 1.93 percent gain. On the flipside, the NSE Nifty IT Index was the top sectoral loser, down 0.78 percent. The Sensex closed up 453.46 points or 1.27% at 36170.41, and the Nifty up 129.80 points or 1.21% at 10858.70.

Top Gainers

BAJFINANCE by 4.25% to Rs. 2,515.00, KOTAKBANK by 4.20% to Rs 1,209.00,BAJAJ-AUTO by 4.16% to Rs.2712.10, HINDALCO by 4.07% to Rs.224.85, M&M by 3.63% to Rs. 775.60.

Top Losers

HCLTECH by -2.50% to Rs. 1,017.00, POWERGRID by -2.22% to Rs 180.20, ONGC by -1.26% to Rs.141.00, TECHM by -1.25% to Rs. 688.80, NTPC by -0.94% to Rs. 142.10 .

Analysis Of Top Gainer And Loser

BAJFINANCE is the top gainer in today's market as HSBC initiated coverage on Bajaj Finance with a buy rating, Company witnessed high buying interest in today's trade up by 4.25%.

HCLTECH is the top loser in today's market as the Company has seen the profit booking at higher levels, After a 3 days continuous positive streak.

Key Market News

U.S. Gross Domestic Product (GDP) QoQ reported 3.5% lower than the expectation of 3.6%.Tension mounting in the UK over the concern of 'No Deal Brexit'; Britain out of its four-decade membership of the EU.U.S. Crude Oil Inventories posted a rise of 3.577M, Fore casted 0.769, It implies weaker demand and is bearish for crude prices.In his speech Wednesday to the Economic Club of New York, Powell said the Feds benchmark interest rate was just below the broad range of estimates of the level that would be neutral for the economy that is, neither speeding up nor slowing down growth. Powells remarks on the economy and monetary policy were seen as keeping the Fed on track to raise interest rates in December.

Bonds are expected to maintain gains as 100 billion rupees of debt purchase by RBI via OMO on Thursday as part of its November plan. The central bank will also buy up to Rs 40,000 crore of bonds through its open-market operations next month and which Scotiabank described as being supportive of local assets. The yield on the 10-year government paper fell nine basis points to 7.64 percent on Wednesday, its lowest since May 9 as hopes of slower inflation due to oil prices and expectations that the central bank will pause in its rate tightening cycle bolstered buying.

Stocks To Watch

TITAN is on the upside while ONGC is on the downside.

TITAN is currently quoting at Rs.929.00, up by Rs.6.05 or 0.66% from its previous closing of Rs.922.95 on the NSE. The scrip opened at Rs.929.05 & has touched a high & low of Rs.933.90 and Rs.913.00 respectively. So far 19,91,914(NSE) shares were traded on the counter. The current market cap of the company is Rs 82,555.24 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 999.70 on 18-APR-18 & a 52 week low of Rs.732.30 on 09-Oct-2018.

ONGC is currently quoting at Rs.141.00, down by Rs.-1.80 or -1.26% from its previous closing of Rs.142.80 on the NSE. The scrip opened at Rs.143.90 & has touched a high & low of Rs.143.90 and Rs.137.65 respectively. So far 2,89,91,042 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,80,627.79Crore. The BSE/NSE group stock has touched a 52 week high of Rs.212.85 on 25-JAN-2018 & a 52 week low of Rs 137.65 on 29-NOV-2018.

It is a flat start for the market on Tuesday morning, with the Nifty holding 10,600. Sensex is up 6.72 points or 0.02% at 35360.80, while the Nifty is lower by 8.90 points or 0.08% at 10619.70. The market breadth is positive as 282 shares advanced, against a decline of 135 shares, while 38 shares were unchanged. Among sectors, IT and pharma were trading in the green, while metals have continued to be weak. The Nifty Midcap index was trading flat.

In the afternoon session, Indian equity benchmarks traded volatile after fluctuating between gains and losses in the early trade. Sensex Index traded at 35,367 and the NSE Nifty 50 Index traded at 10,624.10. Energy, reality, IT index traded higher while Metal, pharma, Media index remained lower. Broader market Nifty MIdcap 100 was trading above 17,400 Mark.

In the last hour, Indian equity benchmarks rebounded from day's low. Sensex Index jumped 175 points from day's low and the NSE Nifty 50 Index hovered around 10,650. Indian equity benchmarks ended higher for the second day, A rally among PSU banks, energy names as well as IT boosted the market. On the flipside, the NSE Nifty Pharma Index was the top sectoral loser, down 1.33 percent. In the broader market, the Nifty Midcap index ended over half a percent higher.

Top Gainers

INFY by 3.15% to Rs.641.00, BAJAJFINSV by 3.00% to Rs 5910.00,GAIL by 2.71% to Rs.349.00, TCS by 2.65% to Rs.1,895.00, BPCL by 2.43% to Rs. 335.30.

Top Losers

HEROMOTOCO by -3.84% to Rs.2,958.00, SUNPHARMA by -3.81% to Rs.491.30, YESBANK by -3.03% to Rs.182.20, BHARTIARTL by -2.39% to Rs. 326.55, WIPRO by -1.93% to Rs. 312.30 .

Analysis Of Top Gainer And Loser

INFY is the top gainer in today's market, Credit rating companies have given a positive commentary, The buying was seen in today's trade, Company surge more than 3%

HEROMOTOCO was the top loser in today's market, Company has seen some profit booking from higher levels, As the stock fell more than 3%.

Key Market News

Presidents Donald Trump and Xi Jinping plan to meet at the G-20 summit in Argentina that kicks off on Friday. Japan's Manufacturing Purchasing Managers' Index (PMI) reported 51.8, Forecasted 53.0. A lower than expected reading should be taken as negative/bearish for the JPY. Japan Corporate Services Price Index (CSPI) declared 1.3%,forecasted 1.2% MoM. A higher than expected reading can be taken as positive/bullish for the JPY. Singapore Industrial Production MoM posted 2.0% forecasted 1.6 %. A higher than expected reading can be taken as positive/bullish for the SGD.

Natural rubber production rose 8 percent to 67,000 tonnes during last month, while imports increased 63 percent to over 62,000 tonnes, according to Rubber Board's provisional data. Production stood at 62,000 tonnes in October 2017. Natural rubber consumption also rose to 1.02 lakh tonnes last month from 89,000 tonnes in the same month last year. Spot maize prices have risen 7.6% over the past fortnight, driving end-users including poultry and livestock feed manufacturers to panic stocking. Feed manufacturers are heading towards Chindwada in Madhya Pradesh, the only place in the country where maize availability is currently comfortable.

Stocks To Watch

Escort is on the upside while Vedanta is on the downside.

Escort is currently quoting at Rs.691.00, up by Rs.19.30 or 2.87% from its previous closing of Rs.671.70 on the NSE. The scrip opened at Rs.670.00 & has touched a high & low of Rs.693.00 and Rs.664.00 respectively. So far 23,40,093(NSE) shares were traded on the counter. The current market cap of the company is Rs 8,438.19 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 1,017.70 on 02-May-18 & a 52 week low of Rs.541.00 on 8-Oct-2018.

Vedanta is currently quoting at Rs.194.75, down by Rs.-1.05 or -0.54% from its previous closing of Rs.195.80 on the NSE. The scrip opened at Rs.193.85 & has touched a high & low of Rs.199.70 and Rs.190.20respectively. So far 2,10,61,915 (NSE) shares were traded on the counter. The current market cap of the company is Rs.72,54.09 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.355.70 on 29-Jan-2018 & a 52 week low of Rs 190.20 on 27-Nov-2018.

Indian equity benchmarks opened higher, halting their three-day sell off. The S&P BSE Sensex Index rose as much as 0.58 percent to 35,184 and the NSE Nifty 50 Index rose as much as 0.55 percent to 10,584.95 .Ten out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Media index's 0.86 percent gain. On the flip side, the NSE nifty IT Index was the only sectorial loser, down 0.4 percent.

In the afternoon session, Indian equity benchmarks witnessed a volatile trade after a strong open as Sensex traded at 34,932 and the NSE Nifty 50 traded at 10,502. Selling pressure continued in IT sector followed by Pharma, metals & PSU bank. Nifty Midcap 100 was trading down 77.5 points at 17,269.

In the last hour of trade bulls took control on D-street as Sensex surged 300 points & Nifty above 10,600 Mark. The market closed on a strong note,thanks to a sharp rally among consumption names in the last couple of hours Among sectors, financials, automobiles, consumption, and IT names were in the green, while investors sold metals and pharmaceuticals segments. In the broader markets, Nifty Midcap index under performed benchmarks, but closed with gains of around 0.2 percent.The S&P BSE Sensex Index closed 1.07 percent higher at 35,334.08 while the NSE Nifty 50 Index ended at 10,628.60, up 0.97 percent.

Top Gainers

HERMOTOCO by 6.11% to Rs.3,096.10, WIPRO by 4.04% to Rs 319.50,HUL by 3.87% to Rs.1,740.00, AXISBANK by 2.90% to Rs.632.35, ASIANPAINT by 2.67% to Rs. 1,349.55.

Top Losers

ONGC by -3.45% to Rs.147.00, SUNPHARMA by -2.83% to Rs.511.05, YESBANK by -1.97% to Rs.191.70, VEDL by -1.93% to Rs.195.75, COALINDIA by -1.79% to Rs. 252.05 .

Analysis Of Top Gainer And Loser

HERMOTOCO is the top gainer in today's market after it informed Hero Cycles has entered into a strategic alliance with Japans Yamaha Motor Co Ltd and Mitsui & Co for technology, manufacturing and marketing of electric bicycles.The first product for India to roll out from this alliance would be a high-end electric-mountain bike (E-MTB) under the Hero brand, the company said in a statement.The partnership has been formed with a forward looking plan which includes development of new e-mobility products jointly by Hero and Yamaha, with go-to-market sales, distribution and marketing support by Mitsui & Co.Ltd,

ONGC was the top losser in today's market Ongc has been ordered to pay about Rs 242 crore to the Mumbai Port Trust (MbPT) as wharfage compensation for the transportation of crude oil through the two pipelines the company had laid within the limits of the state-run port.

Key Market News

The trade ministry said in the order dated November 22 that the government will give a subsidy of 5 per cent for non-basmati rice export for the period of four month to March 15,2019.Indias rice exports during April-September dropped 9.6 % from a year earlier to 5.8MT,as leading buyer bangladesh reduced purchases due to bumper local harvest.

The review by the Board for Financial Supervision of the RBI, improving performance of the banks and recovery due to Insolvency and Bankruptcy Code give hope that three-four banks could move out of PCA by the end of March 2019,Banks have made recovery of Rs 36,551 crore during the first quarter, registering a 49 percent growth over the last fiscal.At the same time, operating profit has risen by 11.5 percent, while losses fell 73.5 percent on quarter on quarter basis, they said, adding asset quality has been addressed through falling NPA slippage.

The S&P BSE Sensex will include HCL Technologies and Bajaj Finance from Dec. 24 in the indexs latest rejig. The two companies will replace Wipro and Adani Ports and Special Economic Zone. The Congress on Sunday, 25 November, expelled its 28 leaders in Rajasthan, including nine former MLAs and an ex-Union minister, for filing nominations against the party's official candidates.The action was initiated on the direction of state Congress chief Sachin Pilot.

Stocks To Watch

Reliance industries. is on the upside while Sunpharma is on the downside.

Reliance industries is currently quoting at Rs.1,109.75, up by Rs.6.91 or 0.63% from its previous closing of Rs.1,102.85 on the NSE. The scrip opened at Rs.1,109.00 & has touched a high & low of Rs.1,117.50 and Rs.1,097.40 respectively. So far 63,86,556(NSE) shares were traded on the counter. The current market cap of the company is Rs 7,03,322.58 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 1,329.00 on 29-Aug-18 & a 52 week low of Rs.862.65 on 18-dec-2017.

Sun Pharma is currently quoting at Rs.511.05, down by Rs.-14.90 or -2.83% from its previous closing of Rs.525.95 on the NSE. The scrip opened at Rs.527.00 & has touched a high & low of Rs.528.15 and Rs.506.40 respectively. So far 51,89,244 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,22,518.49 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.679.30 on 06-SEP-2018 & a 52 week low of Rs 435.00 on 22-May-2018.

Equity benchmarks have begun the day on a good note, with Nifty holding 10,600 in the opening tick. The S&P BSE Sensex Index rose as much as 0.32 percent to 35,314 and the NSE Nifty 50 Index rose as much as 10,625.95. Among sectors, energy and IT names are trading in the green, while Nifty Infra was down around half a percent. Strong buying visible in the broader markets, with Nifty Midcap rising over 0.40 percent.

In the afternoon session market traded flat as Sensex was up by 0.18% while Nifty was trading above 10,600. Nifty IT continued to trade in positive note followed by Media & FMCG. while Metal, pharma & PSU banks were showing some weakness. Nifty Midcap 100 was trading above 17,500 mark.

In the last hour of trade Market dragged lower as Sensex was down by 83 points while Nifty was below 10,600 Mark. Indian equity benchmarks ended lower for the third day. Among sectors, financials, consumption, energy, metals, and pharma saw the most losses, while selling was visible in the midcaps space. The S&P BSE Sensex Index ended 0.62 percent lower today at 34,981.02 and the NSE Nifty 50 Index closed at 10,526.75, down 0.69 percent.

Top Gainers

ZEEL by 4.23% to Rs.457.25, ADANIPORTS by 2.01% to Rs 368.50, LT by 0.52% to Rs.1,409.45, HDFC by 0.35% to Rs.1,874.00, INFY by 0.28% to Rs. 620.85.

Top Losers

M&M by -3.02% to Rs.745.90, GRASIM by -2.52% to Rs.842.00, HINDALCO by -2.51% to Rs.217.55, BAJFINANCE by -2.50% to Rs.2,369.80, IOC by -2.37% to Rs. 138.25 .

Analysis Of Top Gainer And Loser

ZEE was a top gainer as Subhash Chandra announced that ZEE to become Indias Netflix. Zee Entertainment Enterprises said it will divest 50 percent of promoter Essel Group's equity in the company to a global strategic partner,for technology backbone and distribution clout worldwide. Technology that blends 3D audio, augmented reality, virtual reality, digital scent, holograms, and touch. Z5X, the companys studio in the US, has already secured patents on the technology.

M&M was the top losses in today's market as selling pressure was seen in the stock, Festive demand had not been great which cause high inventories.

Key Market News

-U.S. Crude Oil Inventories recorded 4.851M compared to forecasts for a stockpile build of 2.50 million barrels, after a build of 10.27 million barrels in the previous week, it implies weaker demand and is bearish for crude prices.
The Finance Ministry investigation arm Indirect Tax Evasion During April-October Stands At Rs 29,088 Crore in 1,835 cases, The total amount of detection was likely to be more as the data does not include detection by field offices of the Central Board of Indirect Taxes and Customs.

WTO agreed to investigate the legality of U.S. tariffs on steel and aluminum imports based on national security concerns, If the trade organization decides in favor of the U.S., the decision could entice the bodys 164 members to use the national security justification to impose protectionist measures for economic gain; if it rules against the U.S., President Donald Trump could decide to leave the WTO entirely.U.K. Public Sector Net Borrowing recorded at 7.96B which was forecasted 5.35B against 1.98B previous Month indicates a budget deficit.

Stocks To Watch

Jamna auto is on the upside while WIPRO is on the downside.

Jamna auto is currently quoting at Rs.73.60, up by Rs.1.40 or 1.94% from its previous closing of Rs.72.20 on the NSE. The scrip opened at Rs.73.00 & has touched a high & low of Rs.76.30 and Rs.72.70 respectively. So far 14,22,333 (NSE) shares were traded on the counter. The current market cap of the company is Rs 2936.68 Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 102.95 on 02-may-18 & a 52 week low of Rs.59.15 on 23-Nov-2017.

WIPRO is currently quoting at Rs.307.40, down by Rs.-6.75 or -2.15% from its previous closing of Rs.314.15 on the NSE. The scrip opened at Rs.315 & has touched a high & low of Rs.318.80 and Rs.306.00 respectively. So far 30,89,809 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,39,093.78 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.338.00 on 24-SEP-2018 & a 52 week low of Rs 253.50 on 06-JUN-2018.

Sensex drops 275 pts, Nifty holds 10,600 for now;IT ,Energy Crack.

Equity benchmarks have started lower, with the Nifty trading above 10,650-mark. Nifty bank and Nifty midcap 100 are trading lower by 0.40 % .The Sensex is down 49.91 points or 0.14% at 35424.60, while the Nifty is higher by 5.70 points or 0.05% at 10661.90. The market breadth is positive as 276 shares advanced, against a decline of 112 shares, while 30 shares were unchanged.Oil Marketers Rally On Falling Crude Prices.The Nasdaq Composite index closed at its lowest in more than seven months, while the S&P500 index and Dow index ended at their weakest since late October,Asian shares also traded lower.

In the afternoon session,The benchmark indices are trading lower with Nifty holding above 10,550 level.The Sensex is down 314.06 points at 35164.54, while Nifty down 74.35 points at 10581.30 ,Sell off can be seen in IT with Infy,Tcs,Tech mahindra down by more than 2-3%,following weakness can also be seen in Energy,Metal & media sector.The Nifty midcap100 index are trading flat as compare to major indices. Asian Paints, Yes Bank, Dr Reddys and HPCL are the top gainers.
In the last hour of trade Benchmark indices has shown some recovery as Sensex is down 167.98 points at 35307.90, while Nifty is down 28.40 points at 10,628,strength can be seen from pharma,banknifty & Reality.European equities rallied along with U.S. futures, trimming losses after a slew of declines across assets on Tuesday.

Indian equity benchmarks ended lower for the second day, posting their worst two-day decline in nearly a month.A global sell-off mirrored in the Indian markets as well, while a recovery in crude oil prices weighed on benchmarks.The Nifty IT index was the big loser along with energy stocks as well. Meanwhile, pharmaceuticals and PSU banks were the big gainers. In the broader markets, Nifty Midcap index rose over half a percent.Sensex Index ended 0.77 percent lower at 35,199.80 and the NSE Nifty 50 Index ended at 10,600.05, down 0.53 percent

Top Gainers

DRREDDY by 6.44% to Rs.2600.45, GRASIM by 3.47% to Rs.867, YESBANK by 3.28% to Rs.198.40, BAJAJFINSV by 3.15% to Rs.5,868.00, UPL by 2.87% to Rs.781.00.

Top Losers

TCS by -3.47 to Rs.1,813.00,INFY by -3.41% to Rs.619.50, POWERGRID by -3.40 % to Rs.182.00, TECHM by -2.54% to Rs.691.70, HCLTECH by -2.44% to Rs. 984.35.

Analysis Of Top Gainer And Loser

DRREDDY was a top gainer as strong buying seen in the stock as a court in U.S. ruling allowed the company to sell a generic of Indivior Plcs opioid treatment drug Suboxone.

TCS was the top losses,Selling pressure was seen in overall IT sector. As INR are showing strength from last few session.

Key Market News

The total average turnout for Chhattisgarh 2nd phase polling percentage has been 74.17 per cent, which may go up further. During the first phase of voting on November 12 for 18 seats in the Naxal-affected areas of the state, a total of 76.42 per cent polling was recorded.

The Brent crude fell over 6 percent at $62.53 per barrel on Tuesday, its lowest in nearly a year.U.S. API Weekly Crude Oil reported -1.545M Stock. M3 Money Supply increased by 0.3% recorded 10.3% ,Which show the positive/bullish sign for INR. Indian VIX closed at 19.41 shows higher volatility in market.

Stocks To Watch

UPL is on the upside while VEDANTA is on the downside.

UPL is currently quoting at Rs.781.00, up by Rs.21.80 or 2.87% from its previous closing of Rs.759.20 on the NSE. The scrip opened at Rs.760.00 & has touched a high & low of Rs.784.50 and Rs.760.00 respectively. So far 2,859,978 (NSE) shares were traded on the counter. The current market cap of the company is Rs 39728.73Crore. The NSE/BSE group stock has touched a 52 week high of Rs. 828.50 on 24-Jan-18 & a 52 week low of Rs.537.25 on 19-JUL-2018.

VEDANTA is currently quoting at Rs.201.95, down by Rs.-3.30 or -1.61% from its previous closing of Rs.205.25 on the NSE. The scrip opened at Rs.204 & has touched a high & low of Rs.204.40 and Rs.201 respectively. So far 1,42,69,952 (NSE) shares were traded on the counter. The current market cap of the company is Rs.75,031.61 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.355.7 on 29-JAN-2018 & a 52 week low of Rs.184.75 on 08-OCT-2018.

Indian equity Benchmark indices started the day on flat note with Nifty slipped below 10,750 level. Nifty bank and Nifty midcap 100 are trading lower by 0.40 percent.The Sensex is down 88.42 points at 35,686.46, while Nifty down 30.40 points at 10733. About 262 shares have advanced, 502 shares declined, and 34 shares are unchanged. Asian stock markets slipped on Tuesday, extending sharp overnight losses on Wall Street,US indices drop up to 3%. The Indian rupee strengthened for the sixth day in a row against the U.S. dollar, opened 20 paise higher at 71.47.

In the afternoon session,The benchmark indices are trading lower with Nifty holding above 10,700 level. The Sensex is down 124.18 points at 35650.70, while Nifty down 49.90 points at 10713.50, Except Auto all sector Pharma, IT, PSU, metal are trading lower. The Nifty midcap index also traded Lower by 0.23% .

In the last hour of trade market Benchmark indices are under pressure Sensex is down 232.98 points at 35541.90, while Nifty is down 81.40 points at 10,682. European equities fell at the open, extending Mondays decline and tracking losses in U.S. and Asia markets. There was a negative end for the market in todays trade. Selling was visible the most among sectors such as IT, metals and pharmaceuticals. Meanwhile, financials, automobiles and consumption also saw weak trades. Nifty Midcap index ended the day over a percent lower. Sensex closed -300.37 points down at 35,474.51, Nifty down by 107.20 points at 10,656.20.

Top Gainers

GAIL by 2.76% to Rs.343.95, ADANIPORTS by 1.55% to Rs.356, INDUSINDBK by 0.85% to Rs.1,551.00, BAJFINANCE by 0.51%to Rs.2,373.00, ZEEL by 0.31% to Rs.448.20.

Top Losers

YES BANK by -6.10 to Rs.192.30,HINDALCO by -5.91% to Rs.220.60, IBULHSGFIN by -3.78 % to Rs.706.05, DRREDDY by -3.50% to Rs.2,440.00, TATASTEEL by -3.28% to Rs.563.30.

Analysis Of Top Gainer And Loser

GAIL was a top gainer as IOC open to tie up with GAIL for Kolkata city gas distribution ,GAIL has an existing partnership with Greater Calcutta Gas Supply Corporation for city gas which already has a piped gas infrastructure in metropolitan area and some portions of adjoining districts of Kolkata.

YES Banks independent director R Chandrashekhar has stepped down from its board, making it the third resignation in a week,which result in 6.1% decline in a day.

Key Market News

Outcome of Meet between Govt and Rbi -The government and the Reserve Bank of India (RBI) will form a committee within a week to finalise the transfer of surplus from the apex bank to the government,The government expects the Reserve Bank of India (RBI) to announce more measures in the days ahead to address liquidity issues faced by non-banking finance companies,Apart from this, the board also decided to consider a restructuring scheme for loans taken by micro, small and medium enterprises (MSMEs) of upto Rs 25 crore.

2nd phase of Chhattisgarh elections today
BJP holds 43 of the 72 seats going to polls on Tuesday and should be able to hold on to its position in the states 90-member assembly if it can repeat its performance of 2013
In the bond market, the benchmark bond yield fell three basis points to 7.79 percent in the last session. Another open market operation to buyback bonds on Nov. 22 may help sentiment and traders expect a range of 7.75-7.80 percent on the 10-year note.

Stocks To Watch

RELINFRA is on the upside while INFOSYS is on the downside.

Relinfra is currently quoting at Rs.357.00, up by Rs.4.05 or 1.15% from its previous closing of Rs.352.95 on the NSE. The scrip opened at Rs.351.00 & has touched a high & low of Rs.360.50 and Rs.348.65 respectively. So far 47,75,178 (NSE) shares were traded on the counter. The current market cap of the company is Rs 9,357.18Crore. The NSE/BSE group stock has touched a 52 week high of Rs.589.90 on 01-Jan-18 & a 52 week low of Rs.275.10 on 8-oct-2018.

INFOSYS is currently quoting at Rs.640.60, down by Rs.-11.10 or -1.70% from its previous closing of Rs.651.70 on the NSE. The scrip opened at Rs.651.71 & has touched a high & low of Rs.656.00 and Rs.640.10 respectively. So far 53,84,295 (NSE) shares were traded on the counter. The current market cap of the company is Rs.28,00,57.93 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.754.90 on 01-OCT-2018 & a 52 week low of Rs.478.53 on 01-DEC-2017.

Indian equity benchmarks extended gains for the third day and are poised for their longest winning streak in over a month.NSE Nifty 50 Index rose as much as 0.46 percent to 10.731.45 in the opening session led by the Nifty Pharma Index's 1.2 percent gain followed by Metal sector. The Nifty midcap index traded 50 points higher from previous day market closes.

In the last hour of trade market remained higher as Sensex was up 274.93 points while Nifty above 10,700 level. The market ended on a positive note off days high. Overall sectoral indices ended in green led by Pharma, metal, Energy & realty. The Nifty midcap index closed 0.41% higher. Sensex closed 317.72 points up at 35,774.88, Nifty up by 81.20 points at 10,763.40. Government-RBI meet on NBFC liquidity issues, Rupee Movement could be an event to watch ahead.

Top Gainers

Yes Bank by 7.83% to Rs.205.95, ITC by 2.87% to Rs.284.50, Tata Motors by 2.72% to Rs.184.80, Indusindbk by 2.40%to Rs.1,537.10, Vedanta by 2.27% to Rs.211.5.

Top Losers

IBULHSGFIN by -3.42 to Rs.740, GAIL by -2.19% to Rs.334.70, BAJFINANCE by -1.46 % to Rs.2,367.00, ICICIBANK by -1.10% to Rs.363.50, SBIN by -0.98% to Rs.288.05.

IBULHSGFIN is the top loser in today's market owing to the concerns over Government and Rbi meet regarding the liquidity issues in NBFCs.

Key Market News

Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards the end of the year. Front-month Brent crude oil futures, the international benchmark for oil prices, were trading at $67.29 per barrel, up 53 cents, or 0.8 percent, from their last close.

Indian Sugar Mills Association has said that sugar output as of November 15, 2018 has been reported at 11.63 lakh tonnes against 13.73 lakh tonnes year on year.

Stocks To Watch

RELIANCE is on the upside while IBULHSGFIN is on the downside.

Reliance is currently quoting at Rs.1149.65, up by Rs.22.25 or 1.97% from its previous closing of Rs.1127.40 on the NSE. The scrip opened at Rs.1,132.90 & has touched a high & low of Rs.1151.70 and Rs.1131.00 respectively. So far 73,08,981 (NSE) shares were traded on the counter. The current market cap of the company is Rs 7,28,676.677Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,329.00 on 29-Aug-2018 & a 52 week low of Rs.862.65 on 18-December-2017.

IBULHSGFIN is currently quoting at Rs.740.00, down by Rs.-26.20 or -3.42% from its previous closing of Rs.766.20 on the NSE. The scrip opened at Rs.759.60 & has touched a high & low of Rs.776.00 and Rs.729.70 respectively. So far 89,91,775 (NSE) shares were traded on the counter. The current market cap of the company is Rs.32.189.90 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1440.00 on 29-January-2018 & a 52 week low of Rs.639.05 on 19-October-2017.

In the last hour of trade market remained higher as Sensex was up 190 points while Nifty above 10,600. The market ended on a positive note though were off days high. Except FMCG all other sectoral indices ended in green led by banking & financials, auto, metal & realty helped market close higher. Nifty midcap index outperformed frontline indices frontline indices, closed half a percent higher. Sensex closed 118.55 points up at 35,260.54, Nifty up by 40.40 points at 10,616.70.

Top Gainers

Adani Ports by 4.28% to Rs.346.20, Titan by 3.29% to Rs.921.55, Eicher Motors by 2.93% to Rs.23,920, Kotak Mahindra Bank by 2.77%to Rs.1,161.15, Hero Motocorp by 2.53% to Rs.2,919.70.

Top Losers

Grasim by -8.02% to Rs.806.10, Yes Bank by -7.42% to Rs.205.90, IBULHSGFIN by -4.33% to Rs.803.00, NTPC by -2.41% to Rs.153.55, Bharti Infratel by -2.02% to Rs.254.80.

Analysis Of Top Gainer And Loser

Adani Ports & Special Economic Zone Ltd. is the top gainer in today's market as good buying was seen in the stock.

Grasim is the top loser in today's market after it reported surprise loss in second quarter of the current financial year after paying a one-time non-cash exceptional item worth Rs.2,003 crore against Rs.525 crore profit in the year-ago period.

Key Market News

The government & the RBI will work towards ways to provide relief on liquidity-related issues for NBFCs. Further plans to devise simpler lending norms for MSMEs at the latter's board meeting that is scheduled to be held on November 19, a top government official said. Apart from this, there could be discussions pertaining to the Prompt Corrective Action (PCA) framework prescribed by the RBI for relaxing capital adequacy norms for domestic banks.

Oil rose, ending its 12-day run of declines amid signals that OPEC-allied producers are considering production cuts as soon as next year. Futures in New York clung to gains Wednesday, even as the industry-funded American Petroleum Institute was said to report that US crude stockpiles rose by 8.79 million barrels last week. OPEC & its partners are said to be discussing a deeper than anticipated output cut. Cartel President Suhail Al Mazrouei said Wednesday that supplies will be curtailed as needed to balance the market.

Stocks To Watch

Jet Airways (India) Ltd. is on the upside while Vodafone Idea Ltd. is on the downside.

Jet Airways is currently quoting at Rs.326.00, up by Rs.68.10 or 26.41% from its previous closing of Rs.257.90 on the NSE. The scrip opened at Rs.271.00 & has touched a high & low of Rs.335.00 and Rs.263.60 respectively. So far 4,77,31,670 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,645.91 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.883.45 on 05-January-2018 & a 52 week low of Rs.162.80 on 01-October-2018.

IDEA is currently quoting at Rs.37.00, down by Rs.4.40 or 10.63% from its previous closing of Rs.41.40 on the NSE. The scrip opened at Rs.40.15 & has touched a high & low of Rs.40.50 and Rs.36.25 respectively. So far 5,68,65,306 (NSE) shares were traded on the counter. The current market cap of the company is Rs.32.189.90 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.118.90 on 05-January-2018 & a 52 week low of Rs.32.55 on 08-October-2018.

HindPetro by 4.04% to Rs.242.20, BPCL by 3.60% to Rs.314.05, UPL by 3.05% to Rs.759.00, Maruti Suzuki by 2.79%to Rs.7,350.20, IOC by 2.69% to Rs.145.20.

Top Losers

Sun Pharma by -7.29% to Rs.520.80, Tech Mahindra by -3.58% to Rs.702.00, GAIL by -3.52% to Rs.352.50, Kotak Mahindra Bank by -3.51% to Rs.1,125, HCL Tech by -3.50% to Rs.997.00.

Analysis Of Top Gainer And Loser

Hindustan Petroleum Corporation Ltd. is the top gainer in today's market after crude fell the most in over three years to $64.61, its lowest level in since March 2018. OPEC warned demand for its crude is falling faster than expected.

Sun Pharma is the top loser in today's market after it reported a loss in September quarter against the expectation of a profit of Rs.1,045 crore. The company posted an unexpected net loss of Rs.219 crore against the Rs.912 crore profit reported in the year-ago period. Exceptional loss of Rs.1,214 crore due to antitrust litigation.

Key Market News

Inflation based on wholesale prices rose to a four-month high of 5.28% in October, mainly due to a spike in petrol & diesel prices, even as food prices softened. Analysts polled by Bloomberg expected inflation to come in at 4.93%. The Wholesale Price Index (WPI) based inflation stood at 5.13% in September & 3.68% in October last year. According to the government data released Wednesday, food articles witnessed softening of prices with deflation at 1.49% in October, against 0.21% September.

Oil showed little sign of recovering from its unprecedented decline as investors flee a market hammered by swelling supplies and a darkening demand outlook. Futures in New York were little changed after plunging 7.1% in the previous session in the biggest one-day drop in more than 3 years. OPEC warned demand for its crude is falling faster than expected, underlining why Saudi Arabia & some other members are signaling output cuts. Still, President Trumps exhorting that the group shouldnt cut output is stoking concerns producers may not change course to prevent a glut.

Stocks To Watch

InterGlobe Aviation Ltd. is on the upside while Ashok Leyland Ltd. is on the downside.

INDIGO is currently quoting at Rs.1,048.15, up by Rs.73.25 or 7.51% from its previous closing of Rs.974.90 on the NSE. The scrip opened at Rs.1,000 & has touched a high & low of Rs.1,062 and Rs.999.45 respectively. So far 37,41,606 (NSE) shares were traded on the counter. The current market cap of the company is Rs.40,308.90 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,520 on 20-April-2018 & a 52 week low of Rs.691.00 on 09-October-2018.

Ashok Leyland is currently quoting at Rs.106.60, down by Rs.12.40 or 10.42% from its previous closing of Rs.119.00 on the NSE. The scrip opened at Rs.113.40 & has touched a high & low of Rs.114.00 and Rs.106.00 respectively. So far 9,75,13,684 (NSE) shares were traded on the counter. The current market cap of the company is Rs.31,292.72 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.167.50 on 08-May-2018 & a 52 week low of Rs.101.65 on 05-October-2018.

In the afternoon session market turned positive as Sensex rose 100 points while Nifty back above 10,500. Buying in FMCG, private banks, IT & metal pushed the market higher while PSU bank, pharma, realty & media remained lower. Broader market continued to underperform the market, was down half a percent.

In the last hour of trade market extended gains as Sensex surged 250 points while Nifty above 10,550. Buying in the second half helped the market to close higher. In terms of sectors, energy, infra, metals, private banks & auto were the top gainers, while a pain was seen in the pharma & realty space. Nifty midcap & smallcap index underperformed the market, though closed one-third of a percent higher. Sensex closed 331.50 points up at 35,144.49, Nifty down by 100.30 points at 10,582.50.

Top Gainers

Eicher Motors by 6.23% to Rs.23,300, IOC by 4.44% to Rs.141.05, BPCL by 3.95% to Rs.302.70, HindPetro by 3.29%to Rs.232.45, NTPC by 3.01% to Rs.157.40.

Top Losers

Sun Pharma by -4.75% to Rs.561.50, Tata Motors by -3.65% to Rs.179.25, IBULHSGFIN by -2.68% to Rs.842.05, PowerGrid by -1.05% to Rs.184.00, Cipla by -0.82% to Rs.527.50.

Analysis Of Top Gainer And Loser

Eicher Motors is the top gainer in today's market as entire workforce at Royal Enfield Oragadam facility reported to work today, bringing an end to the strike, effective November 13, 2018. Though the quarterly number missed expectations due to costlier raw materials & higher employee benefits.

Sun Pharma is the top loser in today's market ahead of its results announcement. A strong selling pressure was seen in the stock due to weak expectations of the number because of one of the loss.

Key Market News

Indias retail inflation grew 3.31% in October compared to 3.77% in September, driven by a relatively slower rate of increase in food and fuel prices. Retail inflation, measured by Consumer Price Index (CPI), stood at 3.28% in September last year. According to central banks latest estimate, retail inflation is projected at 3.7% in the July-September quarter, 4.8% in the January-March quarter and 3.8-4.5% during October-March of FY19. The core CPI for October was at 6.2% versus 5.8% in September. Fuel and light inflation for October was at 8.55% compared to 8.47% month on month.

Indias industrial production grew 4.5% in September as against 4.3% in August, data released by the statistics office on November 12 showed. Factory output, measured by the IIP, is the closest approximation for measuring economic activity in the country's business landscape. Manufacturing sector output, which accounts for more than three-fourths of the entire index, was unchanged at 4.6%.

Stocks To Watch

NCC Ltd. is on the upside while Allahabad Bank Ltd. is on the downside.

NCC is currently quoting at Rs.89.60, up by Rs.6.80 or 8.21% from its previous closing of Rs.82.80 on the NSE. The scrip opened at Rs.82.50 & has touched a high & low of Rs.90.50 and Rs.82.00 respectively. So far 2,80,97,876 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,399.81 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.141.40 on 10-January-2018 & a 52 week low of Rs.63.25 on 26-October-2018.

ALBK is currently quoting at Rs.38.30, down by Rs.3.35 or 8.04% from its previous closing of Rs.41.65 on the NSE. The scrip opened at Rs.42.00 & has touched a high & low of Rs.42.40 and Rs.35.45 respectively. So far 3,42,54,361 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,950.14 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.82.00 on 17-November-2017 & a 52 week low of Rs.33.15 on 09-October-2018.

In the last hour of trade market extended losses as Sensex was down 250 points while Nifty near 10,500. Last hour selling ended market nearly at the lowest point of the day. Among the sector, auto, PSU bank, metal, pharma, infra, and energy stocks were among the major losers while IT index closed higher. Nifty midcap & smallcap index also corrected inline with major indices, closed 166 points lower. Sensex closed 345.56 points down at 34,812.99, Nifty down by 103.00 points at 10,482.20.

Top Gainers

Titan by 5.99% to Rs.898.40, TechM by 2.37% to Rs.723.95, Tata Steel by 1.93% to Rs.583.25, KotakBank by 1.54%to Rs.1,153, HCL Tech by 1.08% to Rs.1,039.05.

Top Losers

HindPetro by -7.17% to Rs.224.00, Tata Motors by -4.58% to Rs.186.30, IOC by -4.55% to Rs.135.20, Hero Motocorp by -4.15% to Rs.2,834, Hindalco by -4.06% to Rs.229.10.

Analysis Of Top Gainer And Loser

Titan is the top gainer in today's market company after its profit rose at the slowest pace in 2 years & missed estimates. Net profit up 3% at Rs.314 crore. Net sales up 26% at Rs.4,406 crore. Deutsche Bank Research has maintained Buy ratings, hiked price target to Rs.1,100 from Rs.1,050.

HindPetro is the top loser in today's market on the back of higher crude oil prices. Saudi Arabia has announced supply cuts in December and that is making investors take a bearish bet on these names today.

Key Market News

Oil prices rose by about 1% on Monday after top exporter Saudi Arabia announced a cut in supply for December, seen as a measure to halt a market slump that had seen a crude decline by 20% since early October. According to the energy minister of Saudi Arabia, it plans to reduce oil supply to world markets by 0.5 million barrels/ day in December.

Indias Finance Minister Arun Jaitley on Sunday said minimizing bad loans alone can ensure adequate credit flow to small businesses and the troubled NBFCs and also help take care of the liquidity concerns in the market, signaling a thaw in its fraught ties with the Reserve Bank. Interestingly, the latest statement from the finance minister is, in fact, aligns with the RBI's resolve on the issue which has been doggedly pressing for action on high NPAs. The apex bank has also been averse to government demand for special dispensations for SMEs, NBFCs and the power sector to help boost growth ahead of the April-May hustings.

Stocks To Watch

Wockhardt Ltd. is on the upside while Oriental Bank of Commerce Ltd. is on the downside.

Wockhardt is currently quoting at Rs.564.50, up by Rs.43.15 or 8.28% from its previous closing of Rs.521.35 on the NSE. The scrip opened at Rs.527.00 & has touched a high & low of Rs.578.45 and Rs.527.00 respectively. So far 78,48,371 (NSE) shares were traded on the counter. The current market cap of the company is Rs.6,289.74 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,012 on 08-January-2018 & a 52 week low of Rs.437.45 on 26-October-2018.

Oriental Bank is currently quoting at Rs.79.65, down by Rs.7.90 or 9.02% from its previous closing of Rs.87.55 on the NSE. The scrip opened at Rs.88.05 & has touched a high & low of Rs.88.05 and Rs.79.50 respectively. So far 93,81,494 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,055.81 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.136.35 on 25-January-2018 & a 52 week low of Rs.58.00 on 09-October-2018.

In the afternoon session market traded very flat as Sensex was up 5 points while Nifty still below 10,400. Nifty IT, pharma & FMCG continued to trade lower while banking & financials, realty & metal traded with gains of 1-2%. The Nifty Midcap index continued to outperform the market, traded 188 points higher.

In the last hour of trade market remained flat to marginal high as Sensex was up 40 points & Nifty near 10,400. The First session of November 2018 began on a subdued note. Banks were the gainers during the session, while infra & metals rose during trade as well. Pharma, IT & consumption names were the big losers in trade today. Nifty midcap index outperformed frontline indices, closed 150 points higher. Sensex closed 10.08 points down at 34,431.97, Nifty down by 6.15 points at 10,380.45.

Top Gainers

Yes Bank by 9.30% to Rs.205.60, Hindalco by 4.88% to Rs.231.15, Axis Bank by 4.26% to Rs.607.20, BPCL by 3.96%to Rs.286.00, UPL by 3.57% to Rs.698.45.

Top Losers

HCL Tech by -3.80% to Rs.1,015.50, Tech Mahindra by -3.21% to Rs.720.00, Dr. Reddy by -3.03% to Rs.2,465.50, Infosys by -2.83% to Rs.667.00, Cipla by -2.12% to Rs.615.90.

Analysis Of Top Gainer And Loser

Yes Bank is the top gainer in today's market on back of a strong volume as strong buying interest was seen in the stock.

HCL Tech is the top loser in today's market after rupee appreciated over half a percent compared to the dollar. In todays session, Nifty IT index dipped over 2%.

Key Market News

The country's manufacturing sector activity improved in October, as firms scaled up production and employment levels amid a strong rise in new business order flows, a monthly survey said on Thursday. The Nikkei India Manufacturing Purchasing Managers' Index strengthened from 52.2 in September to 53.1 in October as new orders and production increased at the quickest rate in four months.

The growth of eight infrastructure sectors slowed down to 4.3% in September, the lowest in the last four months, as the production of crude oil and natural gas declined. Previously, the lowest growth rate was witnessed in the month of May 2018 where the core sectors expanded at 4.1%. During April-September 2018, the core sector growth was 5.5% as against 3.2% in the year-ago period. These eight segments comprise 40.27% of the weight of items included in the Index of Industrial Production (IIP).

Stocks To Watch

PC Jeweller Ltd. is on the upside while Meghmani Organics Ltd. is on the downside.

PC Jeweller is currently quoting at Rs.72.05, up by Rs.13.55 or 23.16% from its previous close of Rs.58.50 on the NSE. The scrip opened at Rs.59.75 & has touched a high & low of Rs.72.35 and Rs.59.00 respectively. So far 3,66,86,810 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,744.78 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.600.65 on 16-January-2018 & a 52 week low of Rs.46.85 on 26-October-2018.

Meghmani is currently quoting at Rs.61.55, down by Rs.10.60 or 14.69% from its previous close of Rs.72.15 on the NSE. The scrip opened at Rs.70.00 & has touched a high & low of Rs.70.00 and Rs.60.00 respectively. So far 1,14,63,479 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,570.39 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.129.40 on 07-November-2017 & a 52 week low of Rs.60.00 on 01-November-2018.

In the last hour of the trade, bull took control in D-street as Sensex surged 530 points while Nifty eyed 10,400. The market ended the October month on a strong note. A strong surge in IT, banking & financials, auto, pharma & FMCG names pushed the indices higher while metal index falls over 1%. The Broader market also surged higher, with the Nifty midcap index which outperformed frontline indices, surged nearly 2%. Sensex closed 550.92 points up at 34,442.05, Nifty up by 188.20 points at 10,386.60.

Top Gainers

IBULHSGFIN by 8.78% to Rs.836.65, Tech Mahindra by 8.67% to Rs.744.50, UPL by 6.10% to Rs.804.00, HDFC by 5.69%to Rs.1,767.10, HCL Tech by 5.02% to Rs.1,055.30.

Top Losers

Coal India by -3.57% to Rs.266.00, Dr. Reddy by -2.08% to Rs.2,540.35, Tata Steel by -1.85% to Rs.554.05, Hindalco by -1.67% to Rs.220.15, Adani Ports by -1.46% to Rs.317.90.

Analysis Of Top Gainer And Loser

Indiabulls Housing Finance is the top gainer in today's market after the news of PNB Housing Finance raised Rs.2,450 crore through Commercial Papers.

Coal India is the top loser in today's market after the government started selling its 3% stake in the company. The government will sell 3% stake in the company with an oversubscription option of selling an additional 6% stake as an offer for sale to the public.

Key Market News

As the RBI-vs-government spat intensified on Wednesday, the Centre issued a statement asserting that the autonomy of the central bank is essential within the framework of the RBI Act. The governments in India have nurtured & respected the governance requirement, it said in a statement. Multiple media reports on Wednesday said the government has invoked Section 7 of the RBI Act, a law allows it to issue directions to the RBI Governor in matters adhering to the public interest. Both the govt. & the central bank, in their functioning, have to be guided by public interest & the requirements of the economy, it said, adding that the extensive consultations between the two entities are a commonplace.

The Bank of Japan kept monetary policy steady on Wednesday & slightly trimmed its inflation forecasts as global trade frictions clouded the outlook, reinforcing views the central bank is in no rush to trim its massive stimulus programme. But the BOJ issued a slightly stronger warning on financial vulnerabilities than it did 3 months ago, reflecting growing concerns that years of ultra-low rates were hurting bank profits & could discourage them from increasing lending.

Stocks To Watch

Torrent Power Ltd. is on the upside while Jet Airways (India) Ltd. is on the downside.

Torrent Power is currently trading at Rs.258.95, up by Rs.31.20 or 13.70% from its previous closing of Rs.227.75 on the NSE. The scrip opened at Rs.237.60 & has touched a high & low of Rs.260.70 and Rs.233.20 respectively. So far 76,75,539 (NSE) shares were traded on the counter. The current market cap of the company is Rs.12,344.64 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.307.35 on 22-January-2018 & a 52 week low of Rs.211.50 on 01-October-2018.

Jet Airways is currently trading at Rs.217.40, down by Rs.18.60 or 7.88% from its previous closing of Rs.236.00 on the NSE. The scrip opened at Rs.237.00 & has touched a high & low of Rs.243.25 and Rs.210.60 respectively. So far 81,78,819 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,525.27 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.883.45 on 05-January-2018 & a 52 week low of Rs.162.80 on 01-October-2018.

In the last hour of trade market fall further as Sensex fall 150 points while Nifty holds 10,200. The Market closed on a negative note after a day of a big rally. Selling in energy, OMCs, Private bank, metal, pharma & financials dragged market while buying counters are buzzing in PSU bank, IT, media & realty. The Nifty Midcap index outperformed frontline indices, closed 0.7% higher. Sensex closed 176.27 points down at 33,891.13, Nifty down by 52.45 points at 10,198.40.

Top Gainers

Tech Mahindra by 3.12% to Rs.685.00, ZEEL by 2.76% to Rs.443.20, Grasim by 2.75% to Rs.804.00, Dr. Reddy by 2.37%to Rs.2,593, GAIL by 2.31% to Rs.360.25.

Top Losers

HindPetro by -4.77% to Rs.219.50, IndusInd Bank by -4.20% to Rs.1,353.50, BPCL by -4.13% to Rs.265.90, Cipla by -3.80% to Rs.611.00, IOC by -3.64% to Rs.136.30.

Analysis Of Top Gainer And Loser

Tech Mahindra is the top gainer in today's market after its quarterly profit growth met estimates backed by higher margins. Net profit rose 18.5% QoQ to Rs.1,064.3 crore for the quarter ended September. Revenue rose 4.3% on a sequential basis to Rs.8,629.8 crore during the three-month period.

HindPetro is the top loser in today's market after its peer company BPCL presented a weak set of numbers for the quarterly ended July-September 2018.

Key Market News

The U.S. is preparing to announce tariffs on all remaining Chinese imports if talks between presidents Trump & Xi Jinping fail to ease the trade war, three people familiar with the matter mentioned. An early-December announcement of a new product list may coincide with Chinas Lunar New Year holiday as the effective date of this would be after 60-day public comment period from early December.

Japan & India entered into a $75-billion currency swap arrangement that will bolster the countrys firepower as it battles a steep drop in the rupees value. An agreement to this effect was signed during PM Narendra Modis ongoing visit to Japan. India & Japan agreed to enter into a bilateral swap arrangement of $75 billion. This swap arrangement would be 50% higher than our last swap agreement, FM Arun Jaitley tweeted. Japan had offered a $50 billion currency swap in 2013 & before that, one for $3 billion in 2008. This facility will enable the agreed amount of foreign capital being available to India for use as & when the need arises, a govt. official said.

Stocks To Watch

Just Dial Ltd. is on the upside while Hindustan Petroleum Corporation Ltd. is on the downside.

Just Dial is currently quoting at Rs.505.75, up by Rs.49.95 or 10.96% from its previous closing of Rs.455.80 on the NSE. The scrip opened at Rs.467.95 & has touched a high & low of Rs.519.00 and Rs.467.00 respectively. So far 86,65,774 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,421.72 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.647.00 on 16-January-2018 & a 52 week low of Rs.358.00 on 03-May-2018.

HindPetro is currently quoting at Rs.219.50, down by Rs.11.00 or 4.77% from its previous closing of Rs.230.50 on the NSE. The scrip opened at Rs.227.25 & touched a high & low of Rs.228.50 and Rs.218.35 respectively. So far 58,29,019 (NSE) shares were traded on the counter. The current market cap of the company is Rs.33,577.43 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.466.90 on 30-October-2017 & a 52 week low of Rs.163.00 on 05-October-2018.

In the last hour of trade market gains further as Sensex surged over 600 points while Nifty back above 10,200. An extremely strong day of trade came to close. Strong buying among banking & financials, especially in PSU banks which surged 8%, pharma, auto, infra, IT, metals, FMCG & energy stocks boosted the indices. Nifty Midcap index outperformed frontline indices, closed over 3% higher. Sensex closed 718.09 points up at 34,067.40, Nifty up by 220.85 points at 10,250.85.

Top Gainers

IBULHSGFIN by 12.49% to Rs.769.35, ICICI Bank by 11.34% to Rs.351.45, SBIN by 7.82% to Rs.267.50, Adani Ports by 7.19%to Rs.325.95, Dr. Reddy by 5.29% to Rs.2,531.65.

Top Losers

IndusInd Bank by -2.48% to Rs.1,410, Eicher Motors by -1.77% to Rs.21,420, Kotak Bank by -1.61% to Rs.1,140, HDFC Bank by -1.60% to Rs.1,929.90, Bharti Airtel by -1.44% to Rs.293.65.

Analysis Of Top Gainer And Loser

Indiabulls Housing Finance is the top gainer in today's market as strong buying was seen in the stock. After the steep correction stock is trading higher after reporting a good set of numbers for the second quarter

IndusInd Bank is the top loser in today's market after selling pressure was seen in the stock as it missed the street expectations for the second quarter. Stock hits over 13-month low to hit a fresh 52-week low of Rs.1,375.

Key Market News

The U.S. economy slowed less than expected in the third quarter as a tariff-related drop in soybean exports was partially offset by the strongest consumer spending in nearly 4 years, keeping growth on track to hit the Trump administration's 3% target this year. GDP increased at a 3.5% annualized rate also supported by a surge in inventory investment & solid govt. spending, the Commerce Department said on Friday in its first estimate of third-quarter GDP growth.

Oil traded below $68 a barrel as traders assessed mixed supply signals from producers. Oil has slumped about 12 percent from a four-year high earlier this month as a rout in global equity markets raised concerns about economic growth and energy demand at a time of growing U.S. crude inventories. Brent for December settlement fell 29 cents to $77.33 a barrel on the London-based ICE Futures Europe exchange. The contract climbed 73 cents to $77.62 on Friday. The global benchmark crude traded at a $9.99 premium to WTI.

Stocks To Watch

Adani Power Ltd. is on the upside while Indian Energy Exchange Ltd. is on the downside.

Adani Power is currently trading at Rs.42.05, up by Rs.6.50 or 18.28% from its previous closing of Rs.35.55 on the NSE. The scrip opened at Rs.35.70 & has touched a high & low of Rs.44.10 and Rs.34.35 respectively. So far 9,81,62,778 (NSE) shares were traded on the counter. The current market cap of the company is Rs.16,257 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.47.80 on 08-January-2018 & a 52 week low of Rs.15.15 on 02-July-2018.

IEX is currently trading at Rs.153.60, down by Rs.6.45 or 4.03% from its previous closing of Rs.160.05 on the NSE. The scrip opened at Rs.161.90 & has touched a high & low of Rs.162.00 and Rs.150.40 respectively. So far 15,55,495 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,609.95 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.178.00 on 05-September-2018 & a 52 week low of Rs.140.20 on 07-March-2018.

In the last hour of trade market remained lower as Sensex was down 300 points while Nifty above 10,100. The Market resumed decline to end October F&O expiry day on a lower note. Baring IT, all sectoral indices closed in red led by banking & financials, auto, realty, pharma, metal, media & FMCG, closed 1-2% lower. Nifty Midcap index outperformed the market, though closed 102 points lower. Sensex closed 343.87 points down at 33,690.09, Nifty down by 99.85 points at 10,124.90.

Top Gainers

Wipro by 3.03% to Rs.318.15, Coal India by 2.27% to Rs.283.55, HCL Tech by 2.27% to Rs.1,003, IOC by 1.53%to Rs.139.65, Kotak Mahindra Bank by 1.05% to Rs.1,189.50.

Top Losers

Bharti Airtel by -6.28% to Rs.296.00, IBULHSGFIN by -5.63% to Rs.692.00, UPL by -3.89% to Rs.598.55, VEDL by -3.47% to Rs.204.55, Hindalco by -3.05% to Rs.222.85.

Analysis Of Top Gainer And Loser

Wipro is the top gainer in today's market after posted Q2 revenue growth that beat analyst estimates. Revenue grew 1.37% on a YoY basis. In constant currency terms, revenue rose 1.6% on a sequential basis.

Bharti Airtel is the top loser in today's market after telecom subscription data for the month of August showed it adding the lowest number of subscribers. Bharti Airtel added 10 lakh subscribers compare to Reliance Jio added 1.2 crore subscribers.

Key Market News

The govt. expects some changes in the Reserve Bank of Indias prompt corrective action framework and is in talks with the central bank about it, according to a senior Finance Ministry official. Economic policy decisions need to be flexible and cant be so stringent that they cant be adjusted in times of crisis, the official told reporters. Eleven state-owned lenders are under the PCA framework that places restrictions on banks with weak financial and operational metrics. The government expects some of them to come out of it, the official said.

Bank credit growth rose to its highest in more than four years as strains in the domestic debt market pushed borrowers back towards the banking system. Bank credit rose 14.35% for the fortnight ending Oct. 12, 2018, data released by Reserve Bank of India showed. Credit growth stood at 12.51% in the previous fortnight. At over 14%, credit growth is now at its highest in over four years, according to Bloomberg data. Apart from increased credit demand due to the festive season and higher oil prices, banks stand to benefit from the turmoil in the debt market.

Stocks To Watch

SJVN Ltd. is on the upside while Dish TV Ltd. is on the downside.

SJVN is currently trading at Rs.28.80, up by Rs.3.25 or 12.72% from its previous closing of Rs.25.55 on the NSE. The scrip opened at Rs.25.30 & has touched a high & low of Rs.30.50 and Rs.25.30 respectively. So far 1,34,73,371 (NSE) shares were traded on the counter. The current market cap of the company is Rs.11,376.76 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.40.15 on 05-January-2018 & a 52 week low of Rs.24.75 on 19-October-2018.

Dish TV is currently trading at Rs.36.75, down by Rs.8.10 or 18.06% from its previous closing of Rs.44.85 on the NSE. The scrip opened at Rs.43.10 & has touched a high & low of Rs.45.90 and Rs.35.90 respectively. So far 2,96,37,816 (NSE) shares were traded on the counter. The current market cap of the company is Rs.6,840.26 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.86.90 on 09-January-2018 & a 52 week low of Rs.35.90 on 25-October-2018.

In the last hour of trade market remained higher Sensex was up 140 points while Nifty above 10,200. Market snapped 4-day losing streak as rupee traded 30 paise higher. Barring pharma, all the sectors ended in the green with infra, metals, financials & FMCG stocks ended at the highest point of the day. Nifty Midcap index outperformed the market, closed 211 points higher. Sensex closed 186.73 points up at 34,033.96, Nifty up by 77.95 points at 10,224.75.

Top Gainers

Bajaj Finance by 11.97% to Rs.2,332.70, Airtel by 8.97% to Rs.311.55, HPCL by 6.08% to Rs.231.15, IOC by 5.77%to Rs.137.50, Hindalco by 5.01% to Rs.230.50.

Top Losers

Bajaj Auto by -4.54% to Rs.2,469, Yes Bank by -4.15% to Rs.204.35, Dr. Reddy by -2.17% to Rs.2,420, Grasim by -2.12% to Rs.808.40, Adani Ports by -1.82% to Rs.313.20.

Analysis Of Top Gainer And Loser

Bajaj Finance is the top gainer in today's market as investors cheered strong quarterly result after companys standalone profit grew 55% on year to Rs.920 crore. Profit in the corresponding period last fiscal stood at Rs.594 crore.

Bajaj Auto is the top loser in today's market after its revenue and margins missed Bloomberg consensus estimates in the June-September quarter. Margins at 16.8% versus 19.7%; Estimate of 17.4%.

Key Market News

Oil prices on Tuesday extended falls from the previous day when crude slumped as much as 5% after Saudi Arabia said it would make up for supply disruptions from US sanctions targeting Iran's petroleum exports from next month. Front-month Brent crude oil futures were at $76.37 a barrel at 0031 GMT, 7 cents below their last close. Saudi Energy Minister Khalid al-Falih said at an investment conference in Riyadh on Tuesday that despite expected supply disruptions from US sanctions against Iran that kick in from November 4, Saudi Arabia would step up to "meet any demand that materializes to ensure customers are satisfied."

India's gross domestic product (GDP) could be in the range of 7-7.5% by FY20, while inflation may be at 5% according to Ajit Ranade President & Chief Economist, Aditya Birla Group. Ranade expects crude oil prices to inch up to $90-95 a barrel in the near term, widening the current account deficit. Higher oil prices are not good for India as we have to import oil at higher prices, Ranade said at a two-day Morning Investment Conference 2018 held in Mumbai on October 23. He expects CAD to breach 3% of GDP, from 2.7% now.

Stocks To Watch

Can Fin Homes Ltd. is on the upside while Cadila Healthcare Ltd. is on the downside.

CanFin Homes is currently trading at Rs.249.35, up by Rs.27.10 or 12.19% from its previous closing of Rs.222.25 on the NSE. The scrip opened at Rs.226.70 & has touched a high & low of Rs.253.30 and Rs.226.70 respectively. So far 55,08,544 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,331.52 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.557.50 on 15-March-2018 & a 52 week low of Rs.216.50 on 23-October-2018.

Cadila is currently trading at Rs.357.45, down by Rs.20.05 or 5.31% from its previous closing of Rs.377.50 on the NSE. The scrip opened at Rs.377.75 & has touched a high & low of Rs.380.90 and Rs.352.15 respectively. So far 27,48,450 (NSE) shares were traded on the counter. The current market cap of the company is Rs.36,690.93 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.515.00 on 02-November-2017 & a 52 week low of Rs.332.75 on 20-July-2018.

Sensex, Nifty End At Over 6-Month Low Dragged By IT, Pharma Stocks

The Benchmark indices slipped in early trade as Sensex drops 250 points & Nifty slipped near 10,150. The equity market was off day's low as Sensex was down 130 points while Nifty below 10,200. All sectoral indices traded under selling pressure led by IT, pharma, PSU bank which corrected over 1%. The broader market also traded lower as the midcap index was down 100 points.

In the afternoon session market fall further as Sensex dipped 250 points while Nifty below 10,150. All sectoral indices traded in red, most cut was seen in banks, auto, FMCG, IT, pharma, metal & media, corrected 1-3%. The nifty Midcap index continued to underperform frontline indices, traded over 1.5% lower.

In the last hour of trade, bear took control in D-street as Sensex fall 350 points & Nifty near 10,100. Market close lowest levels in over 6-months. Baring realty index all sectoral indices closed in red led by IT, FMCG, pharma, PSU bank, fall 1-2%. Nifty Midcap index corrected in line with the market, closed 141 points lower. Sensex closed 287.15 points down at 33,847.23, Nifty down by 98.45 points at 10,146.80.

Top Gainers

Sun Pharma by -4.95% to Rs.576.85, Asian Paint by -4.83% to Rs.1,142.45, Wipro by -4.30% to Rs.308.35, Ultratech Cement by -3.41% to Rs.3,345.30, Grasim by -3.23% to Rs.829.70.

Top Losers

Sun Pharma by -4.95% to Rs.576.85, Asian Paint by -4.83% to Rs.1,142.45, Wipro by -4.30% to Rs.308.35, Ultratech Cement by -3.41% to Rs.3,345.30, Grasim by -3.23% to Rs.829.70.

Analysis Of Top Gainer And Loser

HindPetro is the top gainer in today's market after fall in crude prices, which slipped to around $79/barrel is likely to have impacted the movement.

Sun Pharma is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

Moody's Investors Service said the profitability of Indian banks is "distinctively weak" compared to those in BRICS nations, but it will improve from next fiscal as asset quality stabilizes. On capitalization, Moody's said it is the "weakest" for Indian banks with a tangible common equity ratio of 8.7% at the end of 2017. "System-wide asset quality in India is weak due to stressed public sector banks, which dominate the sector. Government capital infusions will boost weak public sector banks capital ratios," it said. "The system as a whole is unprofitable due to high credit costs at dominant state-owned (Indian) banks," Moody's said, adding the profitability is "distinctively weak" for Indian banks than others in the five-nation BRICS bloc.

Chinese imports of grains such as sorghum plunged in September from the year before, customs data showed on Tuesday, hit by escalating trade tensions with the United States and high prices elsewhere. Imports of sorghum, largely used in China to feed the country's massive livestock herd, fell 76.9% from the same month last year to 90,000 tonnes, according to the data, dragged down by Chinese tariffs on cargoes of the commodity from the key supplier the United States.

Stocks To Watch

TVS Motor Company Ltd. is on the upside while Bhansali Engineering Polymers Ltd. is on the downside.

TVS Motor is currently trading at Rs.539.90, up by Rs.23.60 or 4.57% from its previous closing of Rs.516.30 on the NSE. The scrip opened at Rs.512.00 & has touched a high & low of Rs.540.00 and Rs.497.00 respectively. So far 64,97,120 (NSE) shares were traded on the counter. The current market cap of the company is Rs.25,467.04 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.794.45 on 02-January-2018 & a 52 week low of Rs.478.70 on 08-October-2018.

BEPL is currently trading at Rs.91.50, down by Rs.9.30 or 9.23% from its previous closing of Rs.100.80 on the NSE. The scrip opened at Rs.85.00 & has touched a high & low of Rs.95.35 and Rs.85.00 respectively. So far 45,20,504 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,480.71 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.224.50 on 10-April-2018 & a 52 week low of Rs.85.00 on 23-October-2018.

In the afternoon session market remained positive as Sensex was up 120 points while Nifty above 10,350. Selling is visible among energy & IT names while banking & financials, auto, pharma & FMCG stocks traded higher along with broader markets. The Nifty Midcap was down one-third of a percent.

In the last hour of trade market turned negative as Sensex falls 30 points while Nifty fall below 10,300. Weakness in last hour dragged market lower. Financials gave up all of their gains & were a lag on the benchmarks. Along with them, energy, IT & metal were the big losers while auto & financials closed marginally higher. The Nifty Midcap index underperformed the market, closed 207 points lower. Sensex closed 181.25 points down at 34,134.38, Nifty down by 58.30 points at 10,245.25.

Top Gainers

IBULHSGFIN by 8.93% to Rs.712.20, ICICI Bank by 4.04% to Rs.328.20, Eicher Motors by 4.03% to Rs.22,497, NTPC by 2.20%to Rs.165.00, Bajaj Auto by 1.74% to Rs.2,554.

Top Losers

IndusInd Bank by -6.96% to Rs.1,467, BPCL by -4.51% to Rs.270.75, Ultratech Cement by -3.95% to Rs.3,467, Reliance by -3.46% to Rs.1,063.20, Asian Paints by -3.12% to Rs.1,196.90.

Analysis Of Top Gainer And Loser

Indiabulls Housing Finance is the top gainer in today's market, post the announcement of plans to sell all or part of its 18.7% stake in U.K.-based OakNorth Holdings.

IndusInd Bank is the top loser in today's market as strong selling was seen in the stock after the bank posted weakest quarterly growth since March 2018.

Key Market News

The outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said the US-China trade war & tightening financial conditions would trigger the next downturn. At the start of 2018, optimism about a robust global economic outlook was almost unanimous among respondents. But Reuters polls of more than 500 economists taken this month showed a downgrade to the outlook for 18 of 44 economies polled, with 23 unchanged. Only three were marginally upgraded. "There has been an abrupt 'stop' of capital flows to EM over recent months, which has created painful consequences for EM with large external deficits," said Adam Slater, a lead economist at Oxford Economics.

International Energy Agency chief Fatih Birol said on Monday he is not worried Saudi Arabia will cut oil supply in response to any potential sanctions over the killing of journalist Jamal Khashoggi but urged common sense as political developments may impact energy markets. He said he did not think that Saudi Arabia would cut production, but he has "significant worries" about the market because of falling supply from Venezuela and Iran amid strong demand growth.

Stocks To Watch

Indiabulls Housing Finance Ltd. is on the upside while Infibeam Avenues Ltd. is on the downside

IBULHSGFIN is currently trading at Rs.712.20, up by Rs.58.40 or 8.93% from its previous closing of Rs.653.80 on the NSE. The scrip opened at Rs.663.00 & has touched a high & low of Rs.738.80 and Rs.663.00 respectively. So far 2,77,10,575 (NSE) shares were traded on the counter. The current market cap of the company is Rs.30,485.27 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,440 on 29-January-2018 & a 52 week low of Rs.639.05 on 19-October-2018.

Infibeam is currently trading at Rs.38.35, down by Rs.14.75 or 27.78% from its previous closing of Rs.53.10 on the NSE. The scrip opened at Rs.53.55 & has touched a high & low of Rs.53.60 and Rs.38.00 respectively. So far 5,05,42,170 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,580.60 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.242.70 on 18-September-2018 & a 52 week low of Rs.38.00 on 22-October-2018.

HCL Tech by 1.85% to Rs.1,022, Wipro by 1.68% to Rs.324.40, Coal India by 1.57% to Rs.280.75, Infosys by 1.47%to Rs.705.50, ITC by 1.20% to Rs.286.05.

Top Losers

IBULHSGFIN by -14.27% to Rs.777.90, Bajaj Finance by -6.97% to Rs.2,148, Yes Bank by -6.39% to Rs.233.00, Adani Ports by -5.80% to Rs.314.00, BPCL by -5.51% to Rs.285.45.

Analysis Of Top Gainer And Loser

HCL Tech is the top gainer in today's market as some sort of a buying was seen in the stock. Also, most of the IT stocks traded higher on the back of good quarterly earnings by Infosys & TCS.

Indiabulls Housing Finance is the top loser in today's market amid fears of its exposure to SuperTech. Brickwork last week revised ratings on Rs.1,866.4 crore of SuperTechs bank facilities to default citing its failure to service debt obligations.

Key Market News

A senior Treasury Department official warned that a hard Brexit could hurt global financial stability and said the U.S. is working with officials in the U.K. and EU to limit risks of Britains withdrawal from the bloc. As the timeline for action gets shorter, the need to address potential financial and economic disruption increases, David Malpass, Treasury undersecretary for international affairs, told a meeting Tuesday of the Financial Stability Oversight Council. We want to ensure that potential spillovers, particularly in the event of a hard Brexit, are mitigated so that financial stability is maintained.

President Donald Trump called the Federal Reserve his biggest threat, again criticizing the central bank for endangering economic growth through interest-rate hikes. The Fed is raising rates too fast, Trump said Tuesday in an interview with Trish Regan Primetime on Fox Business Network. Fed Chairman Jerome Powell was nominated by Trump and approved by a Republican-controlled Senate earlier this year. In the interview, Trump said the central bank is independent so I dont speak to them, but Im not happy with what hes doing because its going too fast.

Stocks To Watch

United Breweries Ltd. is on the upside while Indiabulls Housing Finance Ltd. is on the downside.

UBL is currently trading at Rs.1,210, up by Rs.50.95 or 4.40% from its previous closing of Rs.1,159.05 on the NSE. The scrip opened at Rs.1,169 & has touched a high & low of Rs.1,232.75 and Rs.1,163 respectively. So far 13,30,931 (NSE) shares were traded on the counter. The current market cap of the company is Rs.31,993.02 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,466.95 on 28-September-2018 & a 52 week low of Rs.822.80 on 18-October-2018.

India bulls Housing is currently trading at Rs.777.90, down by Rs.129.45 or 14.27% from its previous closing of Rs.907.35 on the NSE. The scrip opened at Rs.911.90 & has touched a high & low of Rs.920.00 and Rs.777.20 respectively. So far 1,91,01,381 (NSE) shares were traded on the counter. The current market cap of the company is Rs.33,659.89 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,440 on 29-January-2018 & a 52 week low of Rs.765.65 on 21-September-2018.

In the afternoon session market continued to remain strong as Sensex was up 280 points & Nifty above 10,550. All Sectoral indices traded in green led by banking & financials, auto, metal, IT & realty index pushed the market higher. The Nifty midcap index continued to outperform the market, traded 1% higher.

In the last hour of trade market continued to trade with good gains as Sensex was up 220 points while Nifty above 10,550. The market closed sharply higher for the third consecutive session. All sectoral indices closed in green led by banks & financials, auto, IT, FMCG, pharma & realty stocks. Nifty Midcap index outperformed frontline indices which ended 1.55% higher. Sensex closed 297.38 points up at 35,162.48, Nifty up by 72.25 points at 10,584.75.

Top Gainers

M&M by 4.01% to Rs.779.00, Adani Ports by 4.00% to Rs.334.10, ONGC by 3.22% to Rs.165.30, Tech Mahindra by 2.94%to Rs.715.00, SBIN by 2.72% to Rs.270.35.

Top Losers

IBULHSGFIN by -5.15% to Rs.900.00, Eicher Motors by -1.34% to Rs.23,120, JSW Steel by -1.21% to Rs.372.25, Cipla by -1.21% to Rs.640.00, Infosys by -0.97% to Rs.692.00.

Analysis Of Top Gainer And Loser

Mahindra & Mahindra is the top gainer in today's market as good buying was seen in the stock after the recent correction.

Indiabulls Housing Finance is the top loser in today's market after the companys standalone net profit for Q2FY19 missed street expectation. Companys net profit was 3% below consensus estimates, which has improved by 21.3% YoY to Rs.1,044 cr. against Rs.861 Cr. YoY. Its GNPA for Q2FY19 stood at 0.77%. The companys NII for Q2FY19 has improved by 17.4 YoY to Rs.1,631 cr. against Rs.1,389 Cr.YoY

Key Market News

Despite high oil prices, merchandise trade deficit was at a five-month low of $13.98 billion in September as compared with $17.39 billion in August. The deficit was $9 billion in September 2017, data released by commerce ministry showed. During April-September, the deficit was $94.32 billion. Merchandise exports, however, witnessed a marginal negative growth of 2.15% at $27.95 billion in September from $28.56 billion a year & $27.84 billion in August. Imports grew 10.45% in September at $41.9 billion as compared with $37.9 billion a year ago.

Oil prices steadied, supported by geopolitical tension over the disappearance of a Saudi journalist that has stoked worries about supplies from Riyadh but weighed by concern over long-term demand outlook. Brent crude futures for December delivery rose 35 cents to settle at $80.78 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 44 cents to settle at $71.78 a barrel. Last week, both contracts fell by more than 4% as U.S. stock markets tumbled.

Stocks To Watch

Future Retail Ltd. is on the upside while Dewan Housing Finance Corporation Ltd. is on the downside.

Future Retail is currently trading at Rs.496.90, up by Rs.63.35 or 14.61% from its previous closing of Rs.433.55 on the NSE. The scrip opened at Rs.436.00 & has touched a high & low of Rs.517.70 and Rs.431.00 respectively. So far 28,60,836 (NSE) shares were traded on the counter. The current market cap of the company is Rs.24,816.83 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.656.00 on 24-November-2017 & a 52 week low of Rs.423.00 on 03-October-2018.

DHFL is currently trading at Rs.267.30, down by Rs.14.30 or 5.08% from its previous closing of Rs.281.60 on the NSE. The scrip opened at Rs.285.00 & has touched a high & low of Rs.289.80 and Rs.266.45 respectively. So far 2,30,48,046 (NSE) shares were traded on the counter. The current market cap of the company is Rs.8,458.44 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.691.50 on 03-September-2018 & a 52 week low of Rs.193.40 on 09-October-2018.

In the last hour of trade market continued to trade higher as Sensex was up 100 points while Nifty above 10,500. The market gained for the second day on value buying. Buying counters were buzzing in IT as well as pharma, media & FMCG while auto, metals & Pvt. bank were some of the losers. The Nifty Midcap index outperformed benchmark indices ended 1% higher. Sensex closed 131.52 points up at 34,865.10, Nifty up by 40.00 points at 10,512.50.

Top Gainers

Dr. Reddy by 4.76% to Rs.2,567.25, Cipla by 3.97% to Rs.647.65, Infosys by 3.64% to Rs.703.50, Hindalco by 2.56%to Rs.232.50, ITC by 2.34% to Rs.281.65.

Top Losers

HindPetro by -2.84% to Rs.212.20, Bajaj Finserv by -2.64% to Rs.5,660.00, HINDUNILVR by -2.49% to Rs.1,530.55, M&M by -2.42% to Rs.749.90, GAIL by -2.31% to Rs.351.00.

Analysis Of Top Gainer And Loser

Dr. Reddy Labs is the top gainer in today's market after the company received approval for Aspirin and Extended-Release Dipyridamole Capsules, a therapeutic equivalent generic version of Aggrenox Capsules in the United States market from the USFDA. The Company is working towards launching the product.

Hindustan Petroleum Corporation Ltd. is the top loser in today's market as Oil prices rose on Monday as tension over the disappearance of a prominent Saudi journalist stoked supply worries.

Key Market News

Wholesale prices in India grew 5.13% in September, driven by a rise in prices of fuel, data released by the Commerce and Industry Ministry showed. Wholesale inflation, which is measured by the WPI, rose 4.53% in August this year & 2.60% in September 2017. Prices of fuel and power, which together have a weight of 13.15% on the WPI, grew at 16.65% in September, as against a rise of 17.73% in August. Prices of primary articles, which account for more than a fifth of the entire WPI, rose 2.97%, as against a fall of 0.15% in August.

Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked worries about supply, although concerns about the long-term outlook for demand dragged on prices. Crude markets were also supported in the wake of data that showed South Korea did not import any oil from Iran in September for the first time in 6 years before US sanctions against the Middle Eastern country take effect in November. Brent crude had risen $1.01, or 1.26%, to 81.44/barrel by 0424 GMT, on track for its biggest daily gain since Oct. 9.

Stocks To Watch

Trident Ltd. is on the upside while Rajesh Exports Ltd. is on the downside.

Trident is currently trading at Rs.69.35, up by Rs.11.55 or 19.98% from its previous closing of Rs.57.80 on the NSE. The scrip opened at Rs.58.00 & has touched a high & low of Rs.69.35 and Rs.58.00 respectively. So far 1,08,16,082 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,521.31 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.105.45 on 01-November-2017 & a 52 week low of Rs.51.15 on 22-May-2018.

Rajesh Exports is currently trading at Rs.567.00, down by Rs.40.90 or 6.73% from its previous closing of Rs.607.90 on the NSE. The scrip opened at Rs.606.00 & has touched a high & low of Rs.608.95 and Rs.566.20 respectively. So far 4,34,547 (NSE) shares were traded on the counter. The current market cap of the company is Rs.16,868.20 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.874.00 on 16-January-2018 & a 52 week low of Rs.559.65 on 17-July-2018.

In the afternoon session market was off days low as Sensex was down 500 points & Nifty back above 10,300. OMCs, media & some private banks rallied while metal, IT, FMCG, auto, financials, realty & pharma continued to witness selling pressure. The Nifty midcap index was also off days low, down 1%.

In the last hour of trade market extended fall as Sensex was down nearly 800 points while Nifty struggled below 10,250. A sell-off in global markets had its impact on the domestic market as well. Weakness was clearly visible among banking stocks, particularly among PSU banks along with metals, auto, pharma & IT stocks. The Nifty Midcap index also corrected in line with the market, closed 2.34% lower. Sensex closed 759.74 points down at 34,001.15, Nifty down by 225.45 points at 10,234.65.

Top Gainers

HindPetro by 16.21% to Rs.210.00, IOC by 5.77% to Rs.131.15, BPCL by 4.84% to Rs.278.25, GAIL by 4.06%to Rs.350.00, Yes Bank by 3.04% to Rs.241.00.

Top Losers

IBULHSGFIN by -9.12% to Rs.889.00, Bajaj Finserv by -6.20% to Rs.5,592, SBIN by -6.08% to Rs.261.70, Tata Steel by -4.99% to Rs.554.50, Hindalco by -4.63% to Rs.216.40.

Analysis Of Top Gainer And Loser

HindPetro is the top gainer in today's market after a sharp decline in crude oil prices on Thursday. Oil prices traded around $86 a barrel a few days back on supply concerns ahead of US' sanctions on Iranian oil effective from November, which fell to around $81 a barrel now.

Indiabulls Housing Finance is the top loser in today's market as strong selling pressure was seen in the stock.

Key Market News

President Donald Trump on Wednesday said that India "will soon find out" about his decision on the punitive CAATSA sanctions after India signed a USD 5 billion deal to purchase the much-vaunted S-400 air defence system from Russia. Under the Countering America's Adversaries through Sanctions Act or CAATSA sanctions, which was amended early this year, only Trump has the authority for the presidential waiver to India on weapons deal with sanctions-hit Russia. India inked a USD 5 billion deal to purchase S-400 Triumf air defence system from Moscow last week.

Oil dropped on Thursday to extend big losses from the previous session as global stock markets suffered a rout, with crude prices also taking a hit from a weekly industry report showing US crude inventories had risen more than expected. Brent crude futures were down 66 cents, or 0.8%, at $82.43 a barrel by 0024 GMT. The global oil benchmark closed 2.2% lower on Wednesday after falling to a nearly two-week low.

Stocks To Watch

Hindustan Petroleum Corporation Ltd. is on the upside while Bandhan Bank Ltd. is on the downside.

HPCL is currently trading at Rs.210.00, up by Rs.29.30 or 16.21% from its previous closing of Rs.180.70 on the NSE. The scrip opened at Rs.177.35 & has touched a high & low of Rs.216.40 and Rs.176.15 respectively. So far 4,48,19,623 (NSE) shares were traded on the counter. The current market cap of the company is Rs.31,565.99 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.484.35 on 26-October-2017 & a 52 week low of Rs.163.00 on 05-October-2018.

Bandhan Bank is currently trading at Rs.469.70, down by Rs.42.45 or 8.29% from its previous closing of Rs.512.15 on the NSE. The scrip opened at Rs.490.00 & has touched a high & low of Rs.491.95 and Rs.462.15 respectively. So far 35,21,166 (NSE) shares were traded on the counter. The current market cap of the company is Rs.56.163.22 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.741.80 on 09-August-2018 & a 52 week low of Rs.422.10 on 03-October-2018.

In the afternoon session market continued to remain lower as Sensex was down over 50 points while Nifty holds 10,300. On the sectoral space pharma, metal & financials continued to support the market while auto, FMCG, realty & PSU bank index remained lower. The Nifty midcap index traded nearly 1% lower.

In the last hour of trade market turned positive as Sensex rose 100 points while Nifty above 10,350. The Market resumed its downtrend after a brief pause. With the large-scale selling across auto, energy & FMCG names however metals & pharma were the top gainers today. Midcaps recovered from low points & ended 0.30% lower. Sensex closed 174.91 points down at 34,299.47, Nifty down by 47.00 points at 10,301.05.

Top Gainers

Dr. Reddy by 5.36% to Rs.2,465.55, ZEEL by 4.58% to Rs.433.00, Bajaj Finance by 4.36% to Rs.2,061, Adani Ports by 4.21%to Rs.317.15, Vedanta by 2.61% to Rs.212.15.

Top Losers

Tata Motors by -13.09% to Rs.184.55, Titan by -7.93% to Rs.749.00, HindPetro by -4.32% to Rs.171.45, Eicher Motors by -4.22% to Rs.21,200, Asian Paints by -3.56% to Rs.1,203.40.

Analysis Of Top Gainer And Loser

Dr. Reddys Labs is the top gainer in today's market as strong buying was seen in the stock on companys received nods for their product.

Tata Motors is the top loser in today's market after JLR sales fell in September. JLRs September sales fell 12.3% to 57,114 units on a year-on-year basis. The monthly sales were impacted by the ongoing uncertainty in the Chinese market as sales in China slumped 46.2% resulting from import duty changes.

Key Market News

The International Monetary Fund on Tuesday forecasted a growth rate of 7.3% for India in the current year of 2018 & that of 7.4% in 2019. The world body said in its latest World Economic Outlook report, This acceleration reflected a rebound from transitory shocks (the currency exchange initiative & implementation of the GST), with strengthening investment and robust private consumption. India had clocked a 6.7% growth rate in 2017. If projections are true, then India would regain the tag of fastest-growing major economies of the world, crossing China with more than 0.7% point in 2018 & an impressive 1.2% point growth lead in 2019.

The U.S. Federal Reserve will not need to raise interest rates much more to keep inflation under control, St. Louis Federal Reserve President James Bullard said on Monday. I dont think this is a situation where we need to get a lot higher with the policy rate in order to contain inflation, Bullard told Bloomberg television, adding that current rates are at good level relative to the economic environment.

Stocks To Watch

Balrampur Chini Mills Ltd. is on the upside while Tata Motors Ltd. is on the downside.

Balrampur is currently trading at Rs.84.45, up by Rs.6.40 or 8.20% from its previous closing of Rs.78.05 on the NSE. The scrip opened at Rs.80.75 & has touched a high & low of Rs.86.95 and Rs.80.10 respectively. So far 1,54,87,193 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,948.49 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.179.45 on 01-November-2017 & a 52 week low of Rs.58.70 on 16-May-2018.

Tata Motors is currently trading at Rs.184.55, down by Rs.27.80 or 13.09% from its previous closing of Rs.212.35 on the NSE. The scrip opened at Rs.205.70 and has touched a high & low of Rs.206.00 and Rs.170.30 respectively. So far 14,27,60,251 (NSE) shares were traded on the counter. The current market cap of the company is Rs.53,199.40 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.468.00 on 06-November-2017 & a 52 week low of Rs.170.30 on 09-October-2018.

In the last hour of trade market off days low as Sensex was down 45 points while Nifty above 10,300. A choppy day of trading ended on a positive note. Among sectors, energy, banks & auto were the top gainers while metals, pharma & FMCG names were laggards. The Nifty Midcap index underperformed market, closed 1.5% lower. Sensex closed 97.39 points up at 34,474.38, Nifty up by 31.60 points at 10,348.05.

Top Gainers

HindPetro by 8.54% to Rs.179.20, Yes Bank by 7.65% to Rs.221.75, IOC by 5.89% to Rs.125.00, Reliance by 5.83%to Rs.1,110, Hero Motocorp by 4.83% to Rs.2,873.10.

Top Losers

VEDL by -10.51% to Rs.207.30, Hindalco by -6.68% to Rs.224.95, Tech Mahindra by -3.43% to Rs.690.00, Bajaj Finance by -3.03% to Rs.1,962, Wipro by -2.40% to Rs.317.50.

Analysis Of Top Gainer And Loser

HindPetro is the top gainer in today's market after crude oil prices corrected as US government mulling to waive-off Iran oil import sanction on some countries.

Vedanta is the top loser in today's market after Aluminium price in global market fall. Also as company has bid for Essar Steel after NCLT allowed there bid, can rise debt rick for the company as it has bid a heavy amount.

Key Market News

Brent crude oil prices fell more than 1% on Monday after Washington said it may grant waivers to sanctions against Iran's oil exports next month, and as Saudi Arabia was said to be replacing any potential shortfall from Iran. International benchmark Brent crude oil futures were at $83.26 per barrel at 0352 GMT, down 90 cents, or 1.1%, from their last close. US sanctions will target Iran's crude oil exports from November 4, and Washington has been putting pressure on governments and companies worldwide to cut their imports to zero.

Growth in India is firming up and projected to accelerate to 7.3% in the 2018-19 fiscal and 7.5% in the next two years with stronger private spending and export growth, the World Bank said on Sunday. The global lender said that the Indian economy appears to have recovered from the temporary disruptions caused by demonetization and the introduction of the Goods and Services Tax (GST).

Stocks To Watch

Hindustan Petroleum Corporation Ltd. is on the upside while Dewan Housing Finance Corporation Ltd. is on the downside.

HPCL is currently trading at Rs.179.20, up by Rs.14.10 or 8.54% from its previous closing of Rs.165.10 on the NSE. The scrip opened at Rs.168.75 & has touched a high & low of Rs.180.95 and Rs.165.15 respectively. So far 3,96,02,681 (NSE) shares were traded on the counter. The current market cap of the company is Rs.27,200.23 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.484.35 on 26-October-2017 & a 52 week low of Rs.163.00 on 05-October-2018.

DHFL is currently trading at Rs.219.05, down by Rs.56.10 or 20.39% from its previous closing of Rs.275.15 on the NSE. The scrip opened at Rs.274.00 and has touched a high & low of Rs.274.00 and Rs.206.40 respectively. So far 5,49,62,924 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,013.40 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.691.50 on 03-September-2018 & a 52 week low of Rs.206.40 on 08-October-2018.

In last hour of trade market extended its losses as Sensex fall over 500 points while Nifty below 10,900. A sharp selloff led market to close at days low. Baring metal all other sectoral indices closed in red led by auto, FMCG, IT, banking & Financials. Midcaps too corrected inline with market, closed 200 points lower. Sensex closed 550.51 points down at 35,975.63, Nifty down by 150.05 points at 10,858.25.

Top Gainers

Yes Bank by 5.63% to Rs.212.15, Hindalco by 4.76% to Rs.254.05, IBULHSGFIN by 3.74% to Rs.940.00, Hindpetro by 3.56%to Rs.251.80, VEDL by 3.35% to Rs.240.45.

Top Losers

M&M by -7.03% to Rs.788.00, Eicher Motors by -6.79% to Rs.23,070, Infratel by -6.45% to Rs.250.35, TCS by -4.38% to Rs.2,156.65, Axis Bank by -3.62% to Rs.571.95.

Analysis Of Top Gainer And Loser

Yes Bank is the top gainer in today's market as for the second day strong buying interest has been seen in the stock as most of brokerage house is bullish.

M&M is the top loser in today's market after it reported only 2% increase in total sales at 55,022 units in September 2018 as compare to 53,752 units in the same month last year. It disappointed investors expectations.

Key Market News

After opening at all-time low the Indian rupee slipped further and touched the record low of 73.41 per dollar. It has opened lower by 33 paise at 73.24 versus Monday's close 72.91 per dollar. Rupee continued to remain under pressure and today is expected to open at fresh record low levels following sharp surge in global crude oil prices. Brent crude is now at four-year high levels on worries that global supplies will drop due to Washingtons sanctions on Iran, said Motilal Oswal.

The growth of Indias infrastructure industries slowed to 4.2% in August as output of coal, refinery products and fertilizers moderated. Core sector had grown 7.3% in August & 4.4% in August last year. Official data released by commerce and industry ministry on Monday showed growth slowing in six out of eight sectors. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, constitute 40.27% of the total industrial production. Its cumulative growth in the April to August period was 5.5% compared with 3% in the year ago period. Crude oil output continued to decline with a 3.7% fall registered in August compared with a 5.4% drop in July.

Stocks To Watch

Infibeam Avenues Ltd. is on the upside while Mahindra & Mahindra Ltd. is on the downside.

Infibeam is currently trading at Rs.77.80, up by Rs.10.90 or 16.29% from its previous closing of Rs.66.90 on the NSE. The scrip opened at Rs.68.25 & has touched a high & low of Rs.80.25 and Rs.67.80 respectively. So far 4,26,20,734 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,114.75 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.242.70 on 18-September-2018 & a 52 week low of Rs.39.10 on 01-October-2018.

M&M is currently trading at Rs.788.00, down by Rs.59.60 or 7.03% from its previous closing of Rs.847.60 on the NSE. The scrip opened at Rs.845.50 and has touched a high & low of Rs.845.50 and Rs.787.00 respectively. So far 66,80,994 (NSE) shares were traded on the counter. The current market cap of the company is Rs.98,355.18 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.933.00 on 29-August-2018 & a 52 week low of Rs.626.38 on 03-October-2017.

Happy Beginning of October, Sensex ends 299 points higher.

The Benchmark indices started the month of October on a negative note, Sensex fell 80 points & Nifty below 10,900. The equity market extended losses as Sensex fall 200 points while Nifty below 10,850. Nifty IT rose over 1% while banking and financials, metal, pharma, realty & auto index fall over 1%. The broader market stayed with its downtrend led by the Nifty midcap index, traded 2% lower.

In the afternoon session market off days low, Sensex was down 50 points while Nifty still below 11,900. Recovery in banks, financials, metal & FMCG helped market to off days low while IT & PSU bank surged over 1%. Among the broader markets, the Nifty Midcap index underperformed the market, traded 1% lower.

In the last hour of trade market rebounded strongly as Sensex surged 190 points while Nifty above 10,950. Its a strong positive start for the October month. A relief rally in financials pushed indices higher, while automobiles, metals and IT names ended in the green. Midcaps, too, recovered sharply to close 131 points higher. Sensex closed 299.00 points up at 36,526.14, Nifty up by 77.85 points at 11,008.30.

Top Gainers

Yes Bank by 8.82% to Rs.199.85, Hindalco by 6.25% to Rs.244.00, IBULHSGFIN by 4.11% to Rs.892.05, HDFC by 3.45%to Rs.1,815, SBIN by 3.24% to Rs.274.10.

Top Losers

Bharti Airtel by -4.18% to Rs.324.40, HindPetro by -3.36% to Rs.243.00, Axis Bank by -3.34% to Rs.592.75, Ultratech Cement by -2.93% to Rs.3,941.15, IndusInd Bank by -2.43% to Rs.1,649.

Analysis Of Top Gainer And Loser

Yes Bank is the top gainer in today's market after it released unaudited financial results for the quarter ended September 2018. The company registered 41% YoY rise in deposits at Rs.2.23 lakh crore in Q2FY19, while the Casa ratio grew 28.20% YoY.

Bharti Airtel is the top loser in today's market as some selling pressure was seen in the stock & technical suggest more downside in the stock.

Key Market News

Indian factory activity expanded more quickly in September on strong domestic and export order growth, a business survey showed, a welcome sign of strength as policymakers worry about a sharp drop in the rupee and fallout from global trade frictions. The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.2 in September from 51.7 in August. While the latest PMI was slightly below a Reuter's poll median of 52.4, it has held above the 50 threshold that separates growth from contraction for 14 straight months.

Indias monsoon, which accounts for more than 70% of annual precipitation, missed a forecast for normal rainfall for a second year. Showers totaled 804 millimeters or about 91% of the 50-year average in the June to September period, data from the IMD showed. The bureau had maintained a forecast of 97% in August despite dry conditions in the first half of the season. A monsoon is normal when rainfall is between 96 and 104% of the long-term average. Indias 91 main reservoirs held 122.5 billion cubic meters of water as of Thursday, compared with 105 billion cubic meters a year earlier, according to the Central Water Commission.

Stocks To Watch

Dewan Housing & Finance Corporation Ltd. is on the upside while Bandhan Bank Ltd. is on the downside.

DHFL is currently trading at Rs.321.15, up by Rs.46.20 or 16.80% from its previous closing of Rs.274.95 on the NSE. The scrip opened at Rs.275.00 & has touched a high & low of Rs.324.00 and Rs.265.00 respectively. So far 3,65,73,239 (NSE) shares were traded on the counter. The current market cap of the company is Rs.9,975.66 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.691.50 on 03-September-2018 & a 52 week low of Rs.252.65 on 28-September-2018.

Bandhan Bank is currently trading at Rs.452.20, down by Rs.113.05 or 20% from its previous closing of Rs.565.25 on the NSE. The scrip opened at Rs.475.55 and has touched a high & low of Rs.485.90 and Rs.452.20 respectively. So far 41,97,547 (NSE) shares were traded on the counter. The current market cap of the company is Rs.53,819.36 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.741.80 on 09-August-2018 & a 52 week low of Rs.452.20 on 01-October-2018.

In the last hour of trade market remained lower as Sensex was down 300 points & Nifty below 11K. Its a negative close for the market in September series. Selling was across sectors, with maximum cuts visible among banks, auto, infra, metals & pharma while IT index closed higher. The nifty Midcap index ended 411 points lower. Sensex closed 218.10 points down at 36,324.17, Nifty down by 76.25 points at 10,977.55.

Top Gainers

Infratel by 3.23% to Rs.269.95, TCS by 2.00% to Rs.2,185, Ultratech Cement by 1.70% to Rs.4,136.50, Asian Paints by 1.09%to Rs.1,296, Infosys by 0.90% to Rs.724.30.

Top Losers

Yes Bank by -9.01% to Rs.203.60, IBULHSGFIN by -5.83% to Rs.941.50, Bajaj Finance by -4.59% to Rs.2,209.35, Bajaj Finserv by -3.82% to Rs.5,975.45, Maruti Suzuki by -3.30% to Rs.7,584.

Analysis Of Top Gainer And Loser

Bharti Infratel is the top gainer in today's market as some sort of buying was seen in the stock.

Yes Bank is the top loser in today's market after sources close to developments said that RBI unlikely to approve the extension of MD & CEO Rana Kapoor.

Key Market News

The United States Federal Reserve announced on Wednesday, after a two-day policy meeting, that it would raise interest rates for the third time this year. The widely expected decision of raising rates by 25 basis points came in line with the expectation. Since the year 2015, it was the eighth time when federal Open Market Committee has raised borrowing costs. It maintained its forecast for 3 rate hikes next year even after President Donald Trump last month complained about higher interest rates.

The Reserve Bank of India (RBI) eased mandatory cash requirement rules for banks on Thursday and assured jittery markets it would provide "durable liquidity" amid growing worries of a potential credit crunch in the economy. Despite repeated attempts by authorities to calm investors, a series of debt defaults by one of the country's largest infrastructure finance companies since last one month has raised fears of wider liquidity problems, hitting Indian stock, bonds, and the rupee.

Stocks To Watch

Himachal Futuristic Communications Ltd. is on the upside while Edelweiss Financial Services Ltd. is on the downside.

HFCL is currently trading at Rs.21.30, up by Rs.1.15 or 5.71% from its previous closing of Rs.20.15 on the NSE. The scrip opened at Rs.20.20 & has touched a high & low of Rs.21.85 and Rs.20.20 respectively. So far 87,03,671 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,664.66 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.36.65 on 11-January-2018 & a 52 week low of Rs.18.45 on 25-September-2018.

Edelweiss is currently trading at Rs.187.90, down by Rs.24.25 or 11.43% from its previous closing of Rs.212.15 on the NSE. The scrip opened at Rs.213.20 and has touched a high & low of Rs.214.45 and Rs.185.20 respectively. So far 94,92,583 (NSE) shares were traded on the counter. The current market cap of the company is Rs.17,696.42 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.342.00 on 29-May-2018 & a 52 week low of Rs.185.20 on 27-September-2018.

IBULHSGFIN by 6.81% to Rs.993.00, UPL by 6.13% to Rs.701.45, VEDL by 4.84% to Rs.241.55, Titan by 2.53%to Rs.817.00, Hindalco by 1.95% to Rs.247.80.

Top Losers

Tata Motors by -3.09% to Rs.233.35, SBIN by -2.92% to Rs.263.00, Infratel by -2.77% to Rs.261.90, ITC by -2.67% to Rs.293.10, Wipro by -2.57% to Rs.319.85.

Analysis Of Top Gainer And Loser

Indiabulls Housing Finance is the top gainer in today's market as strong buying was seen in the stock after steep correction in last three trading session.

Tata Motors is the top loser in today's market after German automaker BMW lowered its full-year revenue as well as profit guidance, which earn major revenue from global business.

Key Market News

Indias fiscal deficit rose further in August, inching closer to the govt.s budgeted target for the financial year 2018-19. However, it remained lower than what it was during the same month last year. Fiscal deficit, the gap between the govts revenue & expenditure, stood at Rs.5.91 lakh cr. at the end of August, according to the data released by the Controller General of Accounts. The gap was 94.7% of the budgeted estimate of Rs.6.24 lakh cr. for 2018-19. It stood at 96.1% in August last year. The total expenditure for the April-August period rose to Rs.10.70 lakh crore or 43.8% of the full-year target. Revenue receipts stood at 26.9% of the target at Rs.4.64 lakh crore.

As per Central Statistics Office report, employment generation has been increased in the month of July by nearly 14 lakh thereby taking the tally of new subscribers to Employees' State Insurance Corporation to 1.34 crore since September 2017. This is the highest in any month since September 2017.

Stocks To Watch

Bharat Electronics Ltd. is on the upside while KPIT Technologies Ltd. is on the downside.

BEL is currently trading at Rs.84.40, up by Rs.8.20 or 10.76% from its previous closing of Rs.76.20 on the NSE. The scrip opened at Rs.78.70 & has touched a high & low of Rs.86.30 and Rs.78.25 respectively. So far 4,73,34,109 (NSE) shares were traded on the counter. The current market cap of the company is Rs.20,516.11 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.193.40 on 29-November-2017 & a 52 week low of Rs.74.25 on 25-September-2018.

KPIT is currently trading at Rs.247.50, down by Rs.20.10 or 7.51% from its previous closing of Rs.267.60 on the NSE. The scrip opened at Rs.268.45 and has touched a high & low of Rs.269.05 and Rs.222.65 respectively. So far 1,50,24,710 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,880.19 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.314.50 on 07-September-2018 & a 52 week low of Rs.114.15 on 25-September-2017.

In afternoon session market turned volatile as Sensex up 50 points while Nifty struggled below 11K. Cut has been witnessed in banks, financials, metal & OMCs weighed market while pharma, IT & FMCG continued to trade higher. Among the broader markets, the Nifty Midcap index was down 1.10%.

Kotak Bank by 3.26% to Rs.1,186.10, HDFC by 3.18% to Rs.1,773.35, SBIN by 3.08% to Rs.272.50, HUL by 2.99%to Rs.1,638, Lupin by 2.95% to Rs.886.15.

Top Losers

IBULHSGFIN by -5.60% to Rs.927.00, Infratel by -2.83% to Rs.270.00, GAIL by -2.61% to Rs.370.95, Yes Bank by -2.61% to Rs.220.50, Power Grid by -2.53% to Rs.192.60.

Analysis Of Top Gainer And Loser

Kotak Mahindra Bank is the top gainer in today's market as strong recovery was seen in the stock after steep correction in last five session.

Indiabulls Housing Finance is the top loser in today's market as selling pressure continued to be seen in the stock due to fear of a financial crunch in the sector.

Key Market News

The Federal Reserve appears ready to hike interest rates Wednesday for the third time this year, as the central bank responds to rising inflation and robust hiring by U.S. employers. As the Federal Open Market Committee begins a two-day meeting Tuesday, investors widely expect policymakers to set in motion another increase to short-term interest rates. Investors and economists will also be watching Fed Chairman Jerome Powell, comments during a Wednesday afternoon press conference, which will offer a better picture of officials plans heading into 2019 and potential concerns over the economic impact of new import tariffs.

Oil prices rose above $82 a barrel to hit fresh four-year high on Monday after global producers decided against demands from Donald Trump for action to cool prices a further output increase .Saudi Arabia, Russia & their allies inside and outside the Opec cartel declined to announce additional increases to production beyond agreed in June during meetings in Algeria at the weekend. US sanctions on Irans energy sector are due to come into effect in November, but they are already beginning to hit the countrys oil exports as buyers reduce purchases of Iranian barrels for fear of financial penalties.

Stocks To Watch

Balrampur Chini Mills Ltd. is on the upside while Jet Airways (India) Ltd. is on the downside.

Balrampur Chini is currently trading at Rs.82.85, up by Rs.5.95 or 7.74% from its previous closing of Rs.76.90 on the NSE. The scrip opened at Rs.77.95 & has touched a high & low of Rs.83.00 and Rs.77.25 respectively. So far 2,22,79,338 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,879.97 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.179.45 on 01-November-2017 & a 52 week low of Rs.58.70 on 16-May-2018.

Jet Airways is currently trading at Rs.191.75, down by Rs.21.95 or 10.27% from its previous closing of Rs.213.70 on the NSE. The scrip opened at Rs.207.65 and has touched a high & low of Rs.211.70 and Rs.188.50 respectively. So far 90,09,366 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,187.32 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.883.45 on 05-January-2018 & a 52 week low of Rs.188.50 on 25-September-2018.

In afternoon session market witnessed carnage as Sensex fell over 500 points and Nifty fall below 11000. Automobiles, banking & financials, metals, pharma, and FMCG are all trading lower while a weak rupee has boosted IT stocks. Among the broader markets, the Nifty Midcap index was down 2.5%.

In last hour of trade market remained under selling pressure as Sensex was down 400 points while Nifty above 11000. Its a day that completely belonged to bears to close at lowest point. There was selling across majority of sectors, with deep cuts seen among banks, financials, auto, FMCG, metals, pharma & realty while rupee depreciation boosted IT stocks. The Nifty Midcap index ended 2.77% lower. Sensex closed 536.58 points down at 36,305.02, Nifty down by 168.20 points at 10,974.90.

Top Gainers

TCS by 4.99% to Rs.2,208, Coal India by 2.31% to Rs.281.60, INFY by 2.08% to Rs.719.95, Tech Mahindra by 1.43%to Rs.748.60, RIL by 1.40% to Rs.1,234.55.

Top Losers

IBULHSGFIN by -7.26% to Rs.985.00, Eicher Motors by -6.94% to Rs.26,000, M&M by -6.45% to Rs.898.00, HDFC by -6.27% to Rs.1,724, Bajaj Finance by -6.07% to Rs.2,235.

Analysis Of Top Gainer And Loser

TCS is the top gainer in today's market as rupee resumed its depreciation after 2-days of recovery. Rupee depreciation helps IT companies to generate high as they deal in dollars

Indiabulls Housing Finance is the top loser in today's market as strong selling was seen in the stock on the back of fall in liquidity in NBFCs which triggered market selloff despite management clarification on Friday.

Key Market News

Brent crude climbed above $80 a barrel after OPEC and its allies signaled less urgency to boost output despite U.S. pressure to temper prices. Futures in London rose as much as 1.7%. OPEC and its partners gave a tepid response to President Donald Trumps demand that rapid action be taken to reduce prices, saying they would boost output only if customers wanted more cargoes. Brent could rise to $100 for the first time since 2014 as the market braces for the loss of Iranian supplies due to U.S. sanctions, according to Mercuria Energy Group Ltd. and Trafigura Group.

The United States and China imposed fresh tariffs on each other's goods on Monday, as the world's biggest economies showed no signs of backing down from an increasing bitter trade dispute that has rattled financial markets. US tariffs on $200 billion worth of Chinese goods and retaliatory tariffs by Beijing on $60 billion worth of US products took effect as of 0401 GMT. The two countries have already slapped tariffs on $50 billion worth of each other's goods earlier this year.

Stocks To Watch

Dewan Housing Finance Corporation Ltd. is on the upside while Central Bank of India Ltd. is on the downside.

DHFL is currently trading at Rs.392.15, up by Rs.41.60 or 11.87% from its previous closing of Rs.350.55 on the NSE. The scrip opened at Rs.385.60 & has touched a high & low of Rs.438.15 and Rs.371.65 respectively. So far 7,92,86,363 (NSE) shares were traded on the counter. The current market cap of the company is Rs.12,332.28 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.691.50 on 03-September-2018 & a 52 week low of Rs.274.75 on 21-September-2018.

Central Bank is currently trading at Rs.44.30, down by Rs.8.90 or 16.73% from its previous closing of Rs.53.20 on the NSE. The scrip opened at Rs.42.60 and has touched a high & low of Rs.49.50 and Rs.42.60 respectively. So far 1,20,52,424 (NSE) shares were traded on the counter. The current market cap of the company is Rs.11,532.98 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.94.00 on 17-November-2017 & a 52 week low of Rs.42.60 on 24-September-2018.

In last hour of trade market fall further where Sensex fell 120 points while Nifty below 11,250. The market ended a volatile day on a negative note. A selloff among major sectors such as banks, auto, FMCG as well as midcaps weighed on the indices whereas metal & metal index closed higher. The Nifty Midcap index ended around 1% lower. Sensex closed 169.45 points down at 37,121.22, Nifty down by 44.55 points at 11,234.35.

Top Gainers

Coal India by 3.04% to Rs.281.50, ONGC by 2.81% to Rs.177.40, GAIL by 2.72% to Rs.385.00, BPCL by 2.65%to Rs.364.50, Tech Mahindra by 2.02% to Rs.769.95.

Top Losers

Bajaj Finserv by -3.33% to Rs.6,310, Bharti Airtel by -3.17% to Rs.361.85, ZEEL by -3.11% to Rs.450.10, Bajaj Finance by -2.78% to Rs.2,499, IndusInd Bank by -2.67% to Rs.1,812.50.

Analysis Of Top Gainer And Loser

Coal India is the top gainer in today's market as Mahanadi Coalfields (MCL), wholly owned subsidiary unit of CIL, will buyback shares equivalent to 25% of its aggregate fully paid-up capital from the parent company.

Bajaj Finserv is the top loser in today's market duw to the intense selling pressure witnessed on the back of higher valuation.

Key Market News

The U.S.-China trade war deepened as Beijing announced retaliatory tariffs on $60 billion of U.S. goods and the Trump administration threatened duties on virtually all Chinese imports. On Monday, President Donald Trump ordered his administration to levy 10% tariffs on about $200 billion in Chinese goods from Sept. 24 & and also aiming to increase the rate in January to 25% if Beijing refuses to offer trade concessions. In retaliation, Beijing has announced plans to hit U.S. goods, ranging from wheat to textiles, with 5% to 10% tariffs.

The market regulator SEBI has decided to lower expenses paid by investors for equity mutual fund schemes. The total expense ratio will be brought down considering economies of scale, Ajay Tyagi, chairman of the SEBI, said in a press conference after the regulators board meet where it took a host of decisions. The change could have a Rs.1,300-1,500 crore impact on the revenue of the mutual fund industry, according to Madhabi Puri Buch, whole-time member at SEBI. Assets under management of the industry are at a record of Rs.25 lakh crore, resulting in a revenue of about Rs.13,000 crore.

Stocks To Watch

DCM Shriram Ltd. is on the upside while Reliance Infrastructure Ltd. is on the downside.

DCM Shriram is currently trading at Rs.476.00, up by Rs.52.90 or 12.50% from its previous closing of Rs.423.10 on the NSE. The scrip opened at Rs.429.60 & has touched a high & low of Rs.484.00 and Rs.427.55 respectively. So far 23,62,853 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,836.44 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.628.00 on 19-December-2017 & a 52 week low of Rs.237.00 on 15-May-2018.

Reliance Infra. is currently trading at Rs.387.10, down by Rs.40.75 or 9.52% from its previous closing of Rs.427.85 on the NSE. The scrip opened at Rs.430.00 & has touched a high & low of Rs.431.30 and Rs.383.10 respectively. So far 79,51,241 (NSE) shares were traded on the counter. The current market cap of the company is Rs.10,194.81 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.589.90 on 01-January-2018 & a 52 week low of Rs.364.65 on 16-July-2018.

HUL by 3.70% to Rs.1,664.90, Yes Bank by 1.88% to Rs.324.60, ONGC by 1.34% to Rs.174.00, Dr. Reddy by 1.18%to Rs.2,598.90, ITC by 0.83% to Rs.304.50.

Top Losers

SBIN by -4.10% to Rs.273.60, IBULHSGFIN by -3.57% to Rs.1,158, Tata Motors by -3.46% to Rs.251.25, HindPetro by -3.06% to Rs.250.45, Bajaj Auto by -2.96% to Rs.2,776.

Analysis Of Top Gainer And Loser

Hindustan Unilever is the top gainer in today's market as strong buying was seen in the stock after the recent correction due to the premium valuation.

State Bank of India is the top loser in today's market after mentioning plan of selling 8 non-performing assets to recover dues worth over Rs.3,900 crore & has invited bids from asset reconstruction companies (ARCs) and financial institutions (FIs).

Key Market News

US President Donald Trump announced the imposition of new tariffs on an additional USD 200 billion worth of imports from China, on Monday, escalating the trade war with the Asian giant. Further, he mentioned, the new additional tariff structure would be effective September 24 and would be at 10% till the end of the year, and then would be increased to 25% level from January
1. Trump said his administration is taking this action as a result of the Section 301 process which the USTR has been pursuing for more than 12 months. US Trade Representatives released a list of such items.

Goldman Sachs has downgraded its rating on Indian equities for the first time in four-and-a-half years, to marketweight from overweight, citing elevated valuations, macro headwinds, and upcoming election event risk. It is also the first downgrade for the Indian market in recent times. Firms such as CLSA and Morgan Stanley had reduced overweight on India in February-March but did not cut their ratings.

Stocks To Watch

Dena Bank Ltd. is on the upside while Bank Of Baroda Ltd. is on the downside.

Dena Bank is currently trading at Rs.19.05, up by Rs.3.15 or 19.81% from its previous closing of Rs.15.90 on the NSE. The scrip opened at Rs.19.05 & has touched a high & low of Rs.19.05 and Rs.19.05 respectively. So far 29,36,184 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,314.78 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.33.60 on 22-September-2017 & a 52 week low of Rs.13.70 on 17-July-2018.

Bank of Baroda is currently trading at Rs.112.20, down by Rs.23.05 or 17.04% from its previous closing of Rs.135.25 on the NSE. The scrip opened at Rs.121.75 & has touched a high & low of Rs.126.45 and Rs.111.85 respectively. So far 14,48,91,921 (NSE) shares were traded on the counter. The current market cap of the company is Rs.30,013.38 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.206.65 on 26-October-2017 & a 52 week low of Rs.109.50 on 02-July-2018.

In the last hour of trade market recovery in rupee helped market higher as Sensex rose 280 points while Nifty above 11,350. A dramatic recovery in rupee helped market surge to the high points. Sharp buying among major sector such as banks, FMCG, infra, metals & pharma led to the market rally. The Nifty Midcap index rose over one-third of a percent. Sensex closed 304.83 points up at 37,717.96, Nifty up by 82.40 points at 11,369.90.

Top Gainers

Power Grid by 3.53% to Rs.193.50, Sun Pharma by 3.04% to Rs.649.55, Adani Ports by 3.00% to Rs.375.60, ITC by 2.99%to Rs.306.10, Hindalco by 2.94% to Rs.238.40.

Top Losers

Axis Bank by -2.18% to Rs.636.00, Tata Motors by -2.08% to Rs.261.75, HPCL by -1.52% to Rs.240.00, ICICI Bank by -1.09% to Rs.323.00, IOC by -1.03% to Rs.149.15.

Analysis Of Top Gainer And Loser

Power Grid is the top gainer in today's market with the strong buying after the recent correction.

Axis Bank is the top loser in today's market owing to intense selling pressure.

Key Market News

India's exports grew by 19.21% to $27.84 billion in August on account of the healthy performance by sectors such as petroleum. "Export trade during August 2018 recorded at $27.84 billion a positive growth of 19.21%. Exports excluding Petroleum also reported a positive growth of 17.43%," Commerce and Industry Minister Suresh Prabhu mentioned in a tweet. Merchandise imports too rose by 25.41% in August to $45.24 billion due to the rising crude oil prices, leaving a trade deficit of $17.4 billion. In July, trade deficit soared to a nearly five-year high of $18.02 billion. During April-August this fiscal, the exports recorded a growth of 16.13%, while the imports during the first five months of this fiscal grew by 17.34%.

Oil prices rose on Wednesday after a report of falling crude inventories and the looming sanctions against Iran fuelled expectations of a tightening market. Prices were also pushed up by Hurricane Florence, which is expected to make landfall on the US East Coast on Friday, and which has caused fuel shortages following the evacuation of millions of households and businesses. US WTI crude futures were at $69.81 per barrel at 0047 GMT, up 56 cents, or 0.8%, from their last settlement. Brent crude futures climbed 24 cents, or 0.3%, to $79.30 a barrel.

Stocks To Watch

Dhampur Sugar Mills Ltd. is on the upside while Reliance Capital Ltd. is on the downside.

Dhampur Sugar is currently trading at Rs.97.65, up by Rs.8.65 or 9.72% from its previous closing of Rs.89.00 on the NSE. The scrip opened at Rs.89.45 & has touched a high & low of Rs.99.25 and Rs.88.75 respectively. So far 23,11,619 (NSE) shares were traded on the counter. The current market cap of the company is Rs.648.61 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.330.50 on 01-November-2017 & a 52 week low of Rs.71.70 on 23-July-2018.

Reliance Capital is currently trading at Rs.414.20, down by Rs.25.55 or 5.81% from its previous closing of Rs.439.75 on the NSE. The scrip opened at Rs.440.00 & has touched a high & low of Rs.440.00 and Rs.410.30 respectively. So far 90,66,759 (NSE) shares were traded on the counter. The current market cap of the company is Rs.10,510.16 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.782.00 on 11-September-2017 & a 52 week low of Rs.334.30 on 16-July-2018.

In the afternoon session market remained lower as Sensex was down 80 points while Nifty near 11,400. Nifty FMCG, media, financials, realty & metal dragged market while PSU bank, pharma & IT capped the losses. The broader market also erased some gains. The Nifty midcap index outperformed the market, was up 41 points.

In last hour of trade market fall further on weakening rupee as Sensex dipped 480 points while Nifty breached 11,300. A sharp sell-off dragged market at the lowest point. The all-round selling was witnessed among sectors such as banks, automobiles, FMCG, metals, pharmaceuticals and IT too. The Nifty Midcap index fell over a percent and that too weighed on the benchmarks. Sensex closed 509.04 points down at 37,413.13, Nifty down by 150.60 points at 11,287.50.

Top Gainers

Coal India by 1.72% to Rs.284.40, M&M by 1.03% to Rs.947.00, NTPC by 0.53% to Rs.170.10, Infosys by 0.39%to Rs.733.70, Bajaj Finserv by 0.23% to Rs.6,362.

Top Losers

Titan by -4.50% to Rs.818.95, Tata Steel by -3.94% to Rs.589.45, ITC by -3.38% to Rs.296.20, Tata Motors by -3.25% to Rs.266.75, Power Grid by -3.21% to Rs.186.75.

Analysis Of Top Gainer And Loser

Coal India is the top gainer in today's market with the short buying in the last hour of trade.

Titan is the top loser in today's market as selling pressure was seen in the stock as overall FMCG stocks corrected in todays market.

Key Market News

The relentless slide in Indias rupee has forced analysts to rework their forecasts. With the currency setting record lows on every next day, lenders like DBS Bank Ltd. have now started predicting the slide to as weak as Rs.75 per dollar. Indias trade deficit for August is likely to remain at $17 billion to $18 billion, while the Federal Reserve is set to raise rates again this month, both of these aspects are expected to weigh on the rupee said by Philip Wee, a senior currency strategist at DBS. UBS Securities India cut its year-end forecast about rupee to Rs.73 from Rs.66, while Scotia-bank sees the rupee nearing Rs.74 in the Fed meeting run up.

Domestic passenger vehicle sales dropped 2.46% to 2,87,186 units in August as against 2,49,416 units in the same month last year, automobile industry body SIAM said Tuesday. Car sales declined 1.03% to 1,96,847 units last month as against 1,98,892 units in August last year, according to data released by SIAM. Motorcycle sales last month grew by 6.18% to 12,06,512 units as compared to 11,36,322 units in August 2017. Total two-wheeler sales in August were higher by 2.91% to 19,46,811 units as against 18,91,685 units in the past previous year.

Stocks To Watch

Redington (India) Ltd. is on the upside while Power Finance Corporation Ltd. is on the downside.

Redington is currently trading at Rs.109.95, up by Rs.5.70 or 5.47% from its previous closing of Rs.104.25 on the NSE. The scrip opened at Rs.105.70 & has touched a high & low of Rs.115.50 and Rs.105.70 respectively. So far 30,66,473 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,453.92 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.209.90 on 10-November-2017 & a 52 week low of Rs.88.65 on 21-August-2018.

PFC is currently trading at Rs.80.50, down by Rs.7.85 or 8.89% from its previous closing of Rs.88.35 on the NSE. The scrip opened at Rs.89.15 & has touched a high and low of Rs.90.35 & Rs.80.25 respectively. So far 3,24,45,948 (NSE) shares were traded on the counter. The current market cap of the company is Rs.21,437.47 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.149.65 on 27-October-2017 and a 52 week low of Rs.67.50 on 17-July-2018.

Sensex, Nifty Post Worst Day In Nearly 6-Months

The Benchmark indices started on a negative note, Sensex fell 120 points & Nifty
below 11,600. The equity market fell further as Sensex was down over 300 points while Nifty below 11,500. Except IT all sectoral indices traded in red led by FMCG, banking & financials, metal, auto, realty & pharma fell 0.5-1.5%. The broader market traded in red led by the Nifty midcap index was down 150 points.

In the afternoon session market dipped further as Sensex tanked over 400 points while Nifty near 11,450. Nifty IT continued to be lone gainer while banking & financials, metal, auto, FMCG, pharma, realty dipped almost by 1-2%. The broader market remained under pressure led by Nifty midcap index, was down 1.25%.

In last hour of trade market continued its southward journey where Sensex dipped 425 points while Nifty below 11,450. Weakness in rupee weighed market to close at lower levels. Traders rushed to dump stocks in segments such as auto, banks, financials, FMCG, pharma & metals, among others while IT index closed flat. In the broader markets, selling dragged as the Nifty midcap index which closed 338 points lower. Sensex closed 467.65 points down at 37,922.17, Nifty down by 151.00 points at 11,438.10.

Top Gainers

HCL Tech by 1.54% to Rs.1,090.45, Axis Bank by 0.92% to Rs.651.50, ZEEL by 0.66% to Rs.473.50, Cipla by 0.24%to Rs.666.35, TCS by 0.20% to Rs.2,084.

Top Losers

Bajaj Finance by -4.98% to Rs.2,607.60, IBULHSGFIN by -4.23% to Rs.1,161.45, Bajaj Finserv by -4.02% to Rs.6,335, Sun Pharma by -3.99% to Rs.637.75, BPCL by -3.61% to Rs.344.05.

Analysis Of Top Gainer And Loser

HCL Tech is the top gainer in today's market as the rupee continued to hit fresh lows against the dollar. Rupee crashed below Rs.72.65 against per dollar.

Bajaj Finance is the top loser in today's market as selling pressure was seen in the stock.

Key Market News

The sustained weakening of the rupee is credit negative for Indian companies which generate revenue in rupees but rely on US dollar debt to fund their operations, Moody's Investors Service said Monday. The Indian rupee has depreciated over 13% so far in 2018 & has breached Rs.77.50 for the first time compared to a dollar. "Nevertheless, most rated India-based corporates have protections in place including natural hedges, some US dollar revenues and financial hedges to limit the negative credit implications of a potential further 10% weakening of the rupee to the US dollar from Thursday's (6 September) rate (of 72.11 a dollar), Moody's VP and Senior credit officer Annalisa DiChiara said.

Indias current-account deficit widened in the April-June quarter from a year ago, on account of a larger trade gap. The $15.8 billion shortfall may still offer relief to the nations battered rupee, Asias worst-performing major currency so far this year, as it was less than the $17.3 billion median estimates in a Bloomberg survey. The shortfall represented 2.4% of the gross domestic product, worse than January-Marchs 1.9% of GDP, the Reserve Bank of India said in a statement in Mumbai on Friday. It was at $15 billion during the same period last year, or 2.5% of GDP.

Stocks To Watch

Max Financial Services Ltd. is on the upside while IL&FS Transportation Networks Ltd. is on the downside.

MFSL is currently trading at Rs.504.10, up by Rs.30.65 or 6.47% from its previous closing of Rs.473.45 on the NSE. The scrip opened at Rs.483.50 & has touched a high & low of Rs.519.35 and Rs.472.50 respectively. So far 49,30,798 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,538.89 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.652.90 on 19-September-2017 & a 52 week low of Rs.403.25 on 05-July-2018.

IL&FS Trans. is currently trading at Rs.25.95, down by Rs.4.20 or 13.93% from its previous closing of Rs.30.15 on the NSE. The scrip opened at Rs.29.25 & has touched a high and low of Rs.29.25 & Rs.25.25 respectively. So far 22,35,030 (NSE) shares were traded on the counter. The current market cap of the company is Rs.853.65 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.97.35 on 04-January-2018 and a 52 week low of Rs.25.25 on 10-September-2018.

In the afternoon session, the market turned red as Sensex fell 25 points & Nifty slipped near 11,450. Intense selling has been witnessed in the media, private bank, FMCG & auto indices. The phenomena have pushed the market lower to the lower levels however pharma index managed to survive in the session and remained in the green zone. The broader market also slipped in red led by Nifty midcap index, down 25 points.

In last hour of trade market regained strength where Sensex surged 250 points & Nifty recovered to the near 11,550 mark. A recovery in rupee from low helped market to end on a positive note. Among sectors, banks lost some sheen in the last half hour, but strength in pharma, energy & infra stocks helped the bulls to hold their grip on the market. The nifty midcap index also ended in green, 81.50 points higher. Sensex closed 224.50 points up at 38,242.81 whereas Nifty up by 59.95 points at 11,536.90.

Top Gainers

RIL by 2.77% to Rs.1,261, Cipla by 2.31% to Rs.661.50, Coal India by 2.07% to Rs.283.35, NTPC by 2.02%to Rs.168.95, Sun Pharma by 1.92% to Rs.676.50.

Top Losers

ZEEL by -2.44% to Rs.470.70, Hindalco by -1.73% to Rs.235.80, Bajaj Finance by -1.65% to Rs.2,672.20, Maruti Suzuki by -1.59% to Rs.8,754.50, IBULHSGFIN by -1.42% to Rs.1,202.20.

Analysis Of Top Gainer And Loser

Reliance Industries remained the top gainer in today's market as CLSA, one of the major broking firms, has maintained buy call with the target of Rs.1,500.

ZEEL remained the top loser in today's market owing to downgrading from the international brokerage firm, Morgan Stanley to 'Underweight' & reduction in the target from Rs.610 to Rs.410.

Key Market News

India probably overestimated manufacturing output while calculating economic growth that topped 8% in the June quarter, according to a member of the central banks rate-setting panel. The new GDP series has mostly replaced the Annual Survey of Industries with corporate financial data for estimating manufacturing value added, according to an article Ravindra Dholakia, a member of the MPC, co-authored with R. Nagaraj & Manish Pandya in the latest edition of the Economic & Political Weekly. This has resulted in its higher share in GDP & a faster growth rate compared to the older series, they said.

The British & German governments. have abandoned key Brexit demands, potentially easing the path for the U.K. to strike a deal with the EU, people familiar with the matter said. The pound rose. Germany is ready to accept a less detailed agreement on the U.K.s future economic & trade ties with the EU in a bid to get a divorce deal done, according to people speaking on condition of anonymity because the discussions are private. The U.K. side is also willing to settle for a vaguer statement of intent on the future relationship, postponing some decisions after Brexit day, according to an official who declined to be named.

Stocks To Watch

Aurobindo Pharma Ltd. is on the upside while National Aluminium Company Ltd. is on the downside.

AuroPharma is currently trading at Rs.761.95, up by Rs.65.00 or 9.33% from its previous closing of Rs.696.95 on the NSE. The scrip opened at Rs.699.00 & has touched a high & low of Rs.764.40 and Rs.698.00 respectively. So far 1,62,22,470 (NSE) shares were traded on the counter. The current market cap of the company is Rs.44,502.61 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.809.45 on 07-November-2017 & a 52 week low of Rs.527.00 on 04-June-2018.

Nalco is currently trading at Rs.71.20, down by Rs.5.15 or 6.75% from its previous closing of Rs.76.35 on the NSE. The scrip opened at Rs.77.45 & has touched a high and low of Rs.77.45 & Rs.69.65 respectively. So far 3,55,83,057 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,781.78 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.97.60 on 01-November-2017 and a 52 week low of Rs.56.55 on 16-July-2018.

In the afternoon session, the market continued its slide further, Sensex was down 300 points & Nifty slipped near 11,400 mark. Intense selling was witnessed among midcaps, along with other sectors such as banks, auto, energy, FMCG & metal. Pharma sector, too tasted red zone, falling over a quarter of a percent.

In the last hour of trade market were off days low as Sensex was down 215 points while Nifty back above 11,450. A good recovery helped the market to close with shallow cuts. Nifty metal, pharma & auto index closed higher while other sectoral indices closed in red led by realty, media, IT, FMCG, banking & financials. The nifty midcap index closed lower, though recovered from days low, fall 81 points. Sensex closed 139.61 points down at 38,018.31, Nifty up by 43.35 points at 11,476.95.

Top Gainers

Yes Bank by 2.99% to Rs.344.05, Tata Motors by 2.60% to Rs.268.75, Wipro by 2.06% to Rs.319.80, Hindalco by 2.00%to Rs.239.80, VEDL by 1.76% to Rs.228.75.

Top Losers

Infratel by -4.28% to Rs.271.90, ZEEL by -3.07% to Rs.478.00, HUL by -2.72% to Rs.1,606.25, Titan by -1.77% to Rs.865.35, Kotak Bank by -1.64% to Rs.1,237.

Analysis Of Top Gainer And Loser

Yes Bank is the top gainer in today's market on the back of good buying in the stock after correction from high.

Owing to the strong selling pressure, Bharti Infratel remained the top loser in today's market.

Key Market News

The Nikkei India services Purchasing Managers' Index, or PMI, fell to 51.9 in August from July 21st -month high of 54.1, indicating a slower rise. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. The slowdown was driven by the weakest growth in new work in 3 months, although business confidence rose to the highest level since May.

A gauge of U.S. manufacturing unexpectedly jumped to the highest since May 2004 as orders, production and employment all picked up, even as companies contend with potential complications from trade tariffs, according to a report Tuesday.

After witnessing a positive opening, the rupee has resumed its downward movement and hit a fresh record low of 71.97. The currency had opened higher by 18 paise at Rs.71.40 per dollar against its previous close Rs.71.58. It plunged 37 paise to end at a record low of Rs.71.58 on Tuesday. The rupee continues to make a new record low on account of the crisis in the emerging market currencies. Further, consistent rise in the crude oil prices & dollar index has kept sentiments bearish.

Stocks To Watch

Muthoot Finance Ltd. is on the upside while Bharat Electronics Ltd. is on the downside.

Muthoot Finance is currently trading at Rs.441.85, up by Rs.42.00 or 10.50% from its previous closing of Rs.399.85 on the NSE. The scrip opened at Rs.405.00 & has touched a high & low of Rs.442.40 and Rs.401.25 respectively. So far 1,04,90,348 (NSE) shares were traded on the counter. The current market cap of the company is Rs.17,488.00 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.525.50 on 13-September-2017 & a 52 week low of Rs.363.50 on 06-February-2018.

BEL is currently trading at Rs.94.00, down by Rs.15.15 or 13.88% from its previous closing of Rs.109.15 on the NSE. The scrip opened at Rs.109.40 & has touched a high and low of Rs.109.40 & Rs.89.50 respectively. So far 14,52,75,148 (NSE) shares were traded on the counter. The current market cap of the company is Rs.23,025.80 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.193.40 on 29-November-2017 and a 52 week low of Rs.89.50 on 05-September-2018.

The Benchmark indices opened flat, Sensex rose 30 points & Nifty above 11,550. The equity market continued to trade flat as Sensex was up 15 points while Nifty above 11,550. Except for IT index which surged 2%, all other sectoral indices traded in red led by banking & financials, FMCG, metal, media, pharma. Nifty midcap index underperformed benchmark indices, was down 1.27%.

In the afternoon session market continued to trade lower as Sensex fell 85 points while Nifty slipped below 11,550. Nifty IT continued to trade higher while all other indices continued their downtrend led by FMCG, metal, banks, financials, auto, pharma, realty & media stocks. The nifty midcap index continued to underperform the benchmark indices and dipped almost by 2%.

Tech Mahindra up by 2.73% to Rs.766.00, HCL Tech by 2.56% to Rs.1,076, TCS by 2.29% to Rs.2,100, INFY by 2.21%to Rs.733.00, Wipro by 2.08% to Rs.314.75.

Top Losers

Grasim by -4.09% to Rs.1,022.40, IBULHSGFIN by -3.97% to Rs.1,210, Ultratech Cement by -3.72% to Rs.4,211, Asian Paints by -3.57% to Rs.1,313, Titan by -3.54% to Rs.880.40.

Analysis Of Top Gainer And Loser

Tech Mahindra remained as the top gainer in today's market, the key reason behind this is continued depreciation of rupee against dollar. Weakening rupee aids IT companies profitability.

Grasim remained the top loser in today's market, The primary reason behind this is the strong selling pressure which was seen in the stock due to Supreme Courts decision of imposing a ban on the new constructions in 3 states with respect to the issues in the solid waste management.

Key Market News

The Reserve Bank of India today asked all scheduled commercial banks having more than 10 branches to appoint an internal ombudsman. The apex bank has excluded regional rural banks from its directive. The internal ombudsman scheme was introduced by RBI to strengthen the internal grievance of banks and to ensure the redressal of the customer complaints. In order to enhance the independence of the internal ombudsman and strengthen the monitoring system. The central bank also mentioned that it has reviewed the arrangement in the form of the Internal Ombudsman Scheme, 2018.

Fitch Ratings on Monday said the currency volatility will have only a "limited impact" on India's sovereign credit profile as the country benefits from strong external finances. In a report on APAC sovereigns, Fitch said the recent sell-offs in Indian & Indonesian currency markets underline their sensitivity to shifts in global sentiment & suggest further bouts of pressure. Fitch said the risk of currency pressures triggering a policy-induced spike in domestic borrowing costs is mitigated by the Reserve Bank of India's relatively narrow focus on its inflation objective.

Stocks To Watch

Hathway Cable & Datacom Ltd. is on the upside while NCC Ltd. is on the downside.

Hathway Cable is currently trading at Rs.20.40, up by Rs.2.05 or 11.17% from its previous close of Rs.18.35 on the NSE. The scrip opened at Rs.18.35 & has touched a high & low of Rs.22.00 and Rs.18.10 respectively. So far 95,28,086 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,681.75 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.48.70 on 15-January-2018 & a 52 week low of Rs.15.10 on 17-July-2018.

NCC is currently trading at Rs.95.20, down by Rs.8.45 or 8.15% from its previous close of Rs.103.65 on the NSE. The scrip opened at Rs.104.05 & has touched a high and low of Rs.105.30 & Rs.94.05 respectively. So far 1,97,30,057 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,736.17 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.141.40 on 10-January-2018 and a 52 week low of Rs.77.55 on 23-July-2018.

In the last hour of trade, owing to the selling pressure market dragged to the lower levels, Sensex fell 200 points while Nifty below 11,650. It was an anti-climax day for the market which closed lower. Among sectors, Selling pressure in banking & financials, FMCG, IT, realty & auto index dragged market while metal & media closed at higher levels. The nifty midcap index also closed lower by 54 points however managed to outperform benchmark indices. Sensex closed 332.55 points down at 38,312.52, Nifty up by 98.15 points at 11,582.35.

Top Gainers

Dr. Reddy up by 3.85% to Rs.2,588, Wipro by 2.62% to Rs.309.15, Eicher Motors by 2.34% to Rs.28,715, Titan by 2.20%to Rs.911.50, HPCL by 1.26% to Rs.257.00.

Top Losers

Bajaj Finance down by -4.78% to Rs.2,720.10, HUL by -4.51% to Rs.1,699.80, PowerGrid by -3.62% to Rs.194.20, Axis Bank by -2.86% to Rs.630.70, ITC by -2.61% to Rs.311.50.

Analysis Of Top Gainer And Loser

Dr. Reddy is the top gainer with the strong buying on account of the depreciating rupee.

Bajaj Finance is the top loser in due to strong selling pressure after hitting 52-week high from near Rs.3000.

Key Market News

Softening of the domestic demand has slowed India's manufacturing sector's growth unexpectedly in the month of August, as per private business survey on Monday. The activity gauge fell to a 3 month low of 51.7 from July's 52.3. Analysts polled by Reuters had expected pick up in growth by forecasting a reading of 52.8. Still, the expansion rate remained strong. The PMI has not been below the 50-mark which separates growth from contraction since July 2017, when manufacturing took a hit from the implementation of a goods and services tax (GST).

Indias economy accelerated to a nine-quarter high at 8.2% in the first quarter of 2018-19, beating expectations on the back of a strong pickup in manufacturing and a low base in the past previous year. This is likely to provide a much-needed breather to the government that is under fire over the depreciating rupee & demonetization. Indias GDP for the first quarter this year growing at 8.2% in otherwise an environment of global turmoil represents the potential of New India. Reforms and fiscal prudence are serving us well. India is witnessing an expansion of the neo middle class, tweeted finance minister Arun Jaitley.

Stocks To Watch

Network18 Media & Investments Ltd. is on the upside while Balkrishna Industries Ltd. is on the downside.

Network18 is currently trading at Rs.53.80, up by Rs.6.25 or 13.14% from its previous close of Rs.47.55 on the NSE. The scrip opened at Rs.47.95 & has touched a high & low of Rs.54.80 and Rs.47.60 respectively. So far 93,34,544 (NSE) shares were traded on the counter. The current market cap of the company stands at Rs.5,637.82 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.64.10 on 15-January-2018 & a 52 week low of Rs.39.25 on 27-June-2018.

Balkrishna Industries is currently trading at Rs.1,262.05, down by Rs.92.05 or 7.21% from its previous closing of Rs.1,360.10 on the NSE. The scrip opened at Rs.1,355.00 & has touched a high and low of Rs.1,355.00 & Rs.1,254.50 respectively. So far 27,15,518 (NSE) shares were traded on the counter. The current market cap of the company is Rs.24,424.66 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,453.55 on 29-August-2018 and a 52 week low of Rs.777.00 on 31-August-2017.

In the afternoon session, the market fell further as Sensex was down 85 points while Nifty struggled near 11,650. Nifty metal, pharma & FMCG index capped losses while banking & financials, IT dragged market. The Nifty midcap index continued to trade higher against the market, traded 32 points higher.

In the last hour of trade, the market remained lower as Sensex was down 70 points while Nifty below 11,700. The market closed lower on F&O expiry day. Among sectors, FMCG, metals & pharma along with PSU banks were the top gainers, while auto, energy & Bank Nifty were the big laggards. Nifty midcap index outperformed frontline indices, closed 25 points higher. Sensex closed 32.83 points down at 38,690.10, Nifty up by 15.10 points at 11,676.80.

Top Gainers

Sun Pharma by 3.31% to Rs.641.80, GAIL by 2.45% to Rs.375.00, Tata Steel by 2.37% to Rs.608.30, NTPC by 2.08%to Rs.169.50, UPL by 2.07% to Rs.694.05.

Top Losers

Eicher Motors by -2.04% to Rs.27,615, Bajaj Finance by -1.93% to Rs.2,928, HPCL by -1.79% to Rs.253.10, IndusInd Bank by -1.70% to Rs.1,873.10, Maruti Suzuki by -1.63% to Rs.9,215.

Analysis Of Top Gainer And Loser

Sun Pharma is the top gainer in today's market after Global research firm Credit Suisse has maintained an outperform rating with an increased target of Rs.705 apiece.

Eicher Motors is the top loser in today's market after global brokerage firm Nomura said in its report that August month may remain sluggish for Auto firm.

Key Market News

Iraq sees a need to increase crude exports and says its ready to ship more as soon as OPEC agrees how members will share a collective supply boost, according to the acting director-general of the state-run Oil Marketing Co. Exports will be close to 3.595 million barrels a day this month, Alaa Al-Yasiri said Wednesday in an interview in Baghdad. That would be a record, he said, up from 3.54 million barrels a day in July. Analysts have been uncertain about Iraqs ability to raise production quickly, amid investment constraints and hold-ups that have seen Royal Dutch Shell Plc exit one of the countrys biggest oil projects.

India has asked its central bank to prepare a list of candidates for the merger among 21 government-controlled lenders as it seeks to strengthen a banking system laden with bad debt, people familiar with the matter said. In a meeting this month, finance ministry officials also asked the Reserve Bank of India to suggest a time frame for the consolidation, the people said, asking not be named as the information isnt public. The move is aimed at creating fewer, better-capitalized lenders and improving regulatory oversight, they said.

Stocks To Watch

ITI Ltd. is on the upside while Kajaria Ceramics Ltd. is on the downside.

ITI is currently trading at Rs.111.90, up by Rs.18.65 or 20.00% from its previous closing of Rs.93.25 on the NSE. The scrip opened at Rs.101.00 & has touched a high & low of Rs.111.90 and Rs.100.95 respectively. So far 1,31,12,421 (NSE) shares were traded on the counter. The current market cap of the company is Rs.6,249.60 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.164.90 on 26-October-2017 & a 52 week low of Rs.71.20 on 05-June-2018.

Kajaria Ceramics is currently trading at Rs.475.00, down by Rs.17.25 or 3.50% from its previous closing of Rs.492.25 on the NSE. The scrip opened at Rs.495.00 & has touched a high and low of Rs.496.25 & Rs.473.00 respectively. So far 10,98,096 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,534.24 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.767.70 on 21-September-2017 and a 52 week low of Rs.406.00 on 17-August-2018.

In the afternoon session, the market fell further as Sensex was down 90 points while Nifty held 11,700. Losses in IT, infra, energy & FMCG names are being offset by metals, PSU banks and automobiles. The Nifty midcap index maintained its outperformance over benchmark indices, was up around 1%.

In the last hour of trade market remained lower as Sensex was down 60 points while Nifty held 11,700. The market snapped 2-days rally. Banks had a negative impact on the market, along with energy stocks, infra, IT & pharma names. However, PSU banks and metals tried to offset the losses, but bulls had the tide in their favour. Nifty midcap index outperformed the market, closed 108 points higher. Sensex closed 173.70 points down at 38,722.93, Nifty up by 46.60 points at 11,691.90.

Top Gainers

UPL by 4.87% to Rs.686.00, Bajaj Finance by 1.96% to Rs.2,990, SBIN by 1.47% to Rs.309.85, ONGC by 1.32%to Rs.176.90, GAIL by 0.97% to Rs.367.80.

Top Losers

Coal India by -2.85% to Rs.286.30, Power Grid by -2.08% to Rs.193.05, Lupin by -1.99% to Rs.883.85, Reliance by -1.90% to Rs.1,293.90, IndusInd Bank by -1.58% to Rs.1,903.15.

Analysis Of Top Gainer And Loser

UPL is the top gainer in today's market as strong buying was seen in the stock & more potential upside is expected in the stock.

Coal India is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

The Indian rupee fell 0.6% to hit a fresh record low of 70.51 against the U.S. dollar. The domestic units previous record low was 70.3950 on Aug 16. It was the worst performer among Asian peers today, continuing its run as the worst performing currency in the region--down 9.4% so far this year. The rupee is on track to fall for the seventh straight month in August, its longest losing streak in nearly 18 years. The local unit has declined 2.84% so far this month.

India likely grew 7.6% in the April-June quarter, propelled in part by an improvement in manufacturing and exports, a Reuters poll showed. The median consensus in a poll of 50 economists put annual economic growth just a touch lower than the near two-year high of 7.7% in the January-March quarter. Forecasts for the $2.59 trillion economy ranged between 7.0 & 8.0%. The poll results suggest domestic demand was strong, driven primarily by manufacturing activity that remained solid despite elevated oil prices and a weakening Indian rupee. "India is a domestic-driven economy so a recovery in private consumption can outweigh external headwinds," said Charu Chanana, economist & market strategist at Continuum Economics.

Stocks To Watch

JSW Steel Ltd. is on the upside while Suven Life Sciences Ltd. is on the downside.

JSW Steel is currently trading at Rs.397.80, up by Rs.31.60 or 8.63% from its previous closing of Rs.366.20 on the NSE. The scrip opened at Rs.371.40 & has touched a high & low of Rs.408.70 and Rs.370.00 respectively. So far 4,44,45,933 (NSE) shares were traded on the counter. The current market cap of the company is Rs.96,447.10 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.408.70 on 29-August-2018 & a 52 week low of Rs.229.50 on 25-September-2017.

Suven Life is currently trading at Rs.272.15, down by Rs.18.85 or 6.48% from its previous closing of Rs.291.00 on the NSE. The scrip opened at Rs.295.20 & has touched a high and low of Rs.299.85 & Rs.268.00 respectively. So far 36,30,061 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,451.26 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.299.85 on 29-August-2018 and a 52 week low of Rs.157.50 on 08-September-2017.

Record High Run Continues On D-Street Led By Reliance & HDFC Twins

The Benchmark indices started again on a record high as Sensex rose 150 points & Nifty above 11,700. The equity market remained strong as Sensex was up 160 points while Nifty near 11,750. The Nifty metal rose over 1% followed by IT, media & auto while banks & realty remained under pressure. Nifty midcap index underperformed benchmark indices, traded 11 points lower.

In the afternoon session, bulls took control on D-street as Sensex surged 200 points & Nifty near 11,750. Nifty metal, IT, pharma, auto continued to support the market while banks, realty, & FMCG index were under pressure. Nifty midcap index underperformed the market, was down 35 points.

In the last hour of trade, the market remained higher Sensex was up 180 points while Nifty above 11,700. The market ended at another record closing high. Apart from metals, big moves were seen among energy, IT and auto names, while banks and FMCG were the biggest laggards. The Nifty midcap index closed 56 points lower. Sensex closed 202.52 points up at 38,896.63, Nifty up by 46.55 points at 11,738.50.

Top Gainers

Hindalco by 4.17% to Rs.239.85, Reliance by 2.40% to Rs.1,322.50, Adani Ports by 2.54% to Rs.387.50, VEDL by 2.15%to Rs.230.35, Maruti by 1.75% to Rs.9,407.40.

Top Losers

GAIL by -4.83% to Rs.364.85, Yes Bank by -3.24% to Rs.370.60, HindPetro by -1.89% to Rs.257.10, Cipla by -1.76 to Rs.648.00, Dr. Reddy by -1.31 to Rs.2,411.

Analysis Of Top Gainer And Loser

Hindalco is the top gainer in today's market after Global brokerage firm JP Morgan Maintained Overweight; raised price target to Rs.370 from Rs.355, implying a potential upside of 60.5% from the last regular trade.

GAIL is the top loser in today's market after Oil Minister D. Pradhan today ruled out separating GAIL's gas transportation & marketing businesses but said the state-owned gas utility should divest its non-core petrochemical business at a good price.

Key Market News

The Allahabad High Court on Monday refused to grant interim relief to power sector defaulters that had appealed for a stay on the Reserve Bank of India (RBI) circular on being dragged to the National Company Law Tribunal. This, according to experts, could hurt the banking sector. Close to 60 companies, including power firms, have turned loan defaulters and will have to be taken to the NCLT by lenders after the 180-day grace period granted by the Reserve Bank of Indias February 12 circular ended on August 27.

The United States and Mexico agreed on August 27 to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Auto stocks soared and the S&P 500 and the Nasdaq rallied to record highs on the expectation that Canada would sign onto the deal & ease the economic uncertainty caused by US President Trump's repeated threats to ditch the 1994 accord. Details of gains & concessions in the deal were only starting to emerge on Monday. Trump threatened he still could put tariffs on Canadian-made cars if Canada did not join its neighbours & warned he expected concessions on Canada's dairy protections.

Stocks To Watch

Adani Enterprises Ltd. is on the upside while Union Bank of India Ltd. is on the downside.

Adani Enterprises is currently trading at Rs.228.85, up by Rs.17.00 or 8.02% from its previous closing of Rs.211.85 on the NSE. The scrip opened at Rs.212.65 & has touched a high & low of Rs.232.50 and Rs.209.45 respectively. So far 3,63,88,656 (NSE) shares were traded on the counter. The current market cap of the company is Rs.25,207.65 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.232.50 on 28-August-2018 & a 52 week low of Rs.100.85 on 02-July-2018.

Union Bank is currently trading at Rs.86.00, down by Rs.3.80 or 4.23% from its previous closing of Rs.89.80 on the NSE. The scrip opened at Rs.90.00 & has touched a high and low of Rs.90.10 & Rs.84.55 respectively. So far 1,17,41,159 (NSE) shares were traded on the counter. The current market cap of the company is Rs.10,002.99 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.196.05 on 26-October-2017 and a 52 week low of Rs.73.90 on 17-July-2018.

D-Street Ends At Record Closing High, Nifty Hits 11,700 Led By Banks

The Benchmark indices started again on a record high with Sensex rose 200 points & Nifty above 11,600. The equity market continued to surge as Sensex was up 350 points while Nifty above 11,650. Baring media & pharma all sectoral indices traded in green led by banking & financials, IT, metal, auto & FMCG. Nifty midcap index underperformed benchmark indices, traded over 1% higher.

In the afternoon session, bulls took control on D-street as Sensex surged 460 points & Nifty eyed 11,700. All sectoral indices traded in green led by banking & financials, metal, IT, FMCG, auto & realty, rose 0.5%-2%. Broader market continued to trade higher led by Nifty midcap index, was up over 250 points.

In last hour of trade market remained near an all-time high as Sensex was up 455 points while Nifty near 11,700. The market ended at record closing high. All sectoral indices closed higher led by baking & financials, IT, metal, auto, FMCG. Nifty midcap index outperformed benchmark indices closed 232 points higher. Sensex closed 442.31 points up at 38,694.11, Nifty up by 134.85 points at 11,691.95.

Top Gainers

Hindalco by 3.65% to Rs.230.20, Bharti Airtel by 3.51% to Rs.381.90, Power Grid by 3.35% to Rs.197.35, Tech Mahindra by 3.21%to Rs.741.65, ICICI Bank by 2.92% to Rs.339.80.

Top Losers

Sun Pharma by -1.32% to Rs.621.50, Bajaj Finserv by -0.29% to Rs.7,030.45, Dr. Reddy by -0.10% to Rs.2,445.00.

Analysis Of Top Gainer And Loser

Hindalco is the top gainer in today's market as it said that alumina prices likely to stay strong in the near-term.

Sun Pharma is the top loser in today's market after the U.S. FDA has started a surprise inspection at its Halol plant in Gujarat, three people familiar with the matter told BloombergQuint.

Key Market News

Federal Reserve officials are trying hard to ignore President Donald Trump, and theyre going to keep doing that even if he continues to put pressure on the central bank to slow down or stop its gradual increases in interest rates. At the Kansas City Feds annual symposium in Jackson Hole, Wyoming, several policymakers responded to questions about recent remarks by Trump with straightforward comments that their rate decisions wont be affected. The job of a central bank and my job is to make decisions on monetary policy without regard to political considerations or political influence, Dallas Fed President Robert Kaplan said in an interview. Im very confident well do that.

Oil prices dipped slightly on Monday on concerns that a US-China trade dispute will erode global economic growth, although looming US sanctions against Iran's oil sector kept crude from falling further, traders said. International Brent crude oil futures were at $75.75 per barrel at 0122 GMT, down 7 cents from their last close. US West Texas Intermediate (WTI) crude futures were down 9 cents at $68.63 a barrel.

Stocks To Watch

Adani Transmission Ltd. is on the upside while LIC Housing Finance Ltd. is on the downside.

Adani Transmission is currently trading at Rs.204.00, up by Rs.34.00 or 20% from its previous closing of Rs.170.00 on the NSE. The scrip opened at Rs.171.60 & has touched a high & low of Rs.204.00 and Rs.168.80 respectively. So far 81,12,820 (NSE) shares were traded on the counter. The current market cap of the company is Rs.22,353.64 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.254.20 on 18-January-2018 & a 52 week low of Rs.106.75 on 24-August-2017.

LIC Housing Finance is currently trading at Rs.527.95, down by Rs.45.20 or 7.89% from its previous closing of Rs.573.15 on the NSE. The scrip opened at Rs.550.00 & has touched a high and low of Rs.550.00 & Rs.526.05 respectively. So far 1,00,02,519 (NSE) shares were traded on the counter. The current market cap of the company is Rs.26,628.54 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.689.55 on 04-September-2017 and a 52 week low of Rs.455.40 on 04-July-2018.

In the afternoon session, the market flat higher as Sensex was up 30 points & Nifty traded above 11,550. Weakness in banking & financials, metal, auto & media remained weak while pharma, IT, FMCG & realty continued to support the market. The Nifty midcap index continued to trade weak, was down nearly 100 points.

In the last hour of trade, the market traded higher as Sensex was up 80 points while Nifty near 11,600. The market ended the anti-climax day on a subdued note. While IT, pharma & FMCG gained big, weakness in banks, metals & auto offset the positive up move and pushed indices to flat lines. Nifty midcap index underperformed benchmark indices closed 35 points lower. Sensex closed 51.01 points up at 38,336.76, Nifty up by 11.85 points at 11,582.75.

Top Gainers

TechM by 2.75% to Rs.728.90, Dr. Reddy by 2.36% to Rs.2,467.90, NTPC by 2.27% to Rs.164.50, HCL Tech by 2.13%to Rs.1,026, LT by 2.07% to Rs.1,349.95.

Top Losers

Tata Motors by -4.56% to Rs.256.55, BPCL by -2.78% to Rs.358.50, IOC by -2.57% to Rs.153.65, HPCL by -2.53% to Rs.260.10, Hindalco by -2.32% to Rs.221.15.

Analysis Of Top Gainer And Loser

Tech Mahindra is the top gainer in today's market after foreign research house BoFAML has upgraded the stock to buy from underperform. The research house raised the target price to Rs.800 from Rs.600 per share.

Tata Motors is the top loser in today's market as some sort of a selling pressure was seen in the stock.

Key Market News

The Indian economy is expected to grow by around 7.5% in 2018 and 2019 as it is largely resilient to external pressures like those from higher oil prices, Moody's Investors Service said today. In its Global Macro Outlook for 2018-19, Moody's said the run-up in energy prices over the last few months will raise headline inflation temporarily but the growth story remains intact as it is supported by strong urban and rural demand and improved industrial activity. "We expect the Indian economy to grow around 7.5% in 2018 and 2019," it said. Today in the graphic accompanying the outlook, it put 2018 growth at 7.3% % 7.5% for 2019. But in the text, it put the growth "around 7.5%" for both the years.

U.S. central bankers are ready to raise interest rates again so long as the economy stays healthy, according to a record of the Federal Reserves most recent policy meeting. Many participants suggested that if incoming data continued to support their current economic outlook, it would likely soon be appropriate to take another step in removing policy accommodation, minutes of the July 31-Aug. 1 Federal Open Market Committee meeting released Wednesday in Washington said.

Stocks To Watch

Marksans Pharma Ltd. is on the upside while Mahanagar Gas Ltd. is on the downside.

Marksans Pharma is currently trading at Rs.36.35, up by Rs.3.60 or 10.99% from its previous closing of Rs.32.75 on the NSE. The scrip opened at Rs.32.70 & has touched a high & low of Rs.36.90 and Rs.32.70 respectively. So far 1,29,03,727 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,477.62 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.52.30 on 06-November-2017 & a 52 week low of Rs.23.55 on 06-June-2018.

MGL is currently trading at Rs.840.25, down by Rs.61.95 or 6.87% from its previous closing of Rs.902.20 on the NSE. The scrip opened at Rs.863.40 & has touched a high and low of Rs.866.50 & Rs.832 respectively. So far 2,96,36,794 (NSE) shares were traded on the counter. The current market cap of the company is Rs.8,299.80 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,377.50 on 03-November-2017 and a 52 week low of Rs.772.15 on 22-May-2018.

In the afternoon session, the market continued to nudge high as Sensex was up 20 points & Nifty traded above 11,550. Nifty pharma, IT, media & auto continued to support market while banking & financials, realty & FMCG index capped gains. Broader market firmly traded higher led by midcap index, was up 37 points.

In the last hour of trade, the market remained higher as Sensex was up 40 points & Nifty above 11,550. The market remained flat throughout session & closed flat. Selling in banks after an initial rally dragged the indices lower from their high points. Along with it, weakness was visible in sectors such as metals & FMCG. Meanwhile, buying counters were buzzing in IT & pharma. Nifty midcap index outperformed benchmark indices closed 36 points higher. Sensex closed 7.00 points up at 38,285.75, Nifty up by 19.15 points at 11,570.90.

Top Gainers

UPL by 5.01% to Rs.649.90, TechM by 2.99% to Rs.708.50, Coal India by 2.52% to Rs.291.20, Lupin by 2.29%to Rs.889.15, Grasim by 2.27% to Rs.1,063.45.

Top Losers

Tata Steel by -2.57% to Rs.584.00, BPCL by -1.77% to Rs.369.30, VEDL by -1.35% to Rs.218.85, HUL by -1.33% to Rs.1,753.30, M&M by -1.09% to Rs.959.00.

Analysis Of Top Gainer And Loser

UPL is the top gainer in today's market as strong buying was seen in the stock. Most of the brokerage firms remain bullish on the stock.

Tata Steel is the top loser in today's market as some sort of a selling pressure was seen in the stock.

Key Market News

The dollar extended a decline against major peers on comments from U.S. President Trump, & Asian stocks traded mixed after muted gains in U.S. equities. The greenback accelerated a slide after the euro broke through the key $1.15 level amid thin summer liquidity. It had weakened earlier after a report from Reuters that Trump said China & Europe manipulate their currencies as well as separate remarks lamenting the Federal Reserves interest-rate increases.

US President Donald Trump doesnt expect much progress from trade talks with China this week in Washington, he told Reuters on Monday. Trump said in an interview that he had no time frame for ending the trade dispute with China, which threatens to impose tariffs on virtually all goods traded between the worlds two largest economies.

US President Donald Trump said on Monday he was not thrilled with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates & said the US central bank should do more to help him to boost the economy, Reuters reported

Stocks To Watch

Kajaria Ceramics Ltd. is on the upside while Housing Development & Infrastructure Ltd. is on the downside.

Kajaria Ceramics is currently trading at Rs.457.40, up by Rs.44.10 or 10.67% from its previous closing of Rs.413.30 on the NSE. The scrip opened at Rs.417.00 & has touched a high & low of Rs.461.00 and Rs.416.45 respectively. So far 53,75,604 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,274.36 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.767.70 on 21-September-2017 & a 52 week low of Rs.406.00 on 17-August-2018.

HDIL is currently trading at Rs.32.20, down by Rs.1.80 or 5.29% from its previous closing of Rs.34 on the NSE. The scrip opened at Rs.33.85 & has touched a high and low of Rs.33.95 & Rs.32.05 respectively. So far 1,71,20,155 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,406.17 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.69.15 on 15-January-2018 and a 52 week low of Rs.17.45 on 20-July-2018.

Market Extend Record Highs Led By Capital Goods; Nifty Above 11,550

The Benchmark indices started at a fresh record high as Sensex rose 150 points & Nifty above 11,500. The equity market rallied further as Sensex was up nearly 300 points while Nifty near 11,550. Baring IT all sectoral indices traded higher led by pharma, banking & financials, metal, auto & realty. The Nifty midcap index also traded in line with benchmark indices, was up 117 points.

In the afternoon session, the market continued to trade strongly as Sensex surged 340 points while Nifty above 11,550. Nifty pharma, metal, banking & financials, auto & realty continued to rise while IT index capped gains. The broader market also traded firmly higher led by Nifty midcap index, was up 115 points.

In the last hour of trade, the market remained strong as Sensex was up over 350 points & Nifty above 11,550. The market closed on a strong note on the back of positive global cues & recovery in rupee. Nifty pharma, metal, banking & financials, auto & realty held market higher while IT index corrected led by Infosys. Nifty midcap index outperformed benchmark indices closed 155 points higher. Sensex closed 330.87 points up at 38,278.75, Nifty up by 81.00 points at 11,551.75.

Top Gainers

LT by 6.68% to Rs.1,323.05, Tata Motors by 4.76% to Rs.270.55, ONGC by 3.65% to Rs.169.00, Tata Steel by 3.46%to Rs.600.20, Hindalco by 3.14% to Rs.226.60.

Top Losers

Infosys by -2.95% to Rs.1,388.20, GAIL by -2.36% to Rs.378.55, Titan by -1.97% to Rs.923.00, HCL Tech by -1.40% to Rs.989.00, Lupin by -1.23% to Rs.870.45.

Analysis Of Top Gainer And Loser

Larsen & Toubro is the top gainer in today's market after it informed exchanges that its board will meet on Aug. 23 to discuss share buyback proposal. Buybacks have been a hit with Indian companies recently. HCL Technologies last month approved a share buyback plan worth Rs.4,000 crore.

Infosys is the top loser in today's market after its CFO Mavinakere Dwarakanath Ranganath resigned to pursue professional opportunities in new areas.

Key Market News

Indias current account deficit is expected to widen to 2.8% of the gross domestic product in this financial year, according to a Nomura report. With rising oil prices, depreciating rupee and outflow of portfolio investments, there are concerns that the current account deficit might rise in the current fiscal, it said. Current account deficit, the difference between the inflow and outflow of foreign exchange, jumped to $48.7 billion, or 1.9% of GDP, in 2017-18. That was higher than $14.4 billion, or 0.6%, CAD in 2016-17.

The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according to the chief executive officer of A.P. Moller-Maersk A/S. Soren Skou, who runs the worlds biggest shipping company from Copenhagen, said the fallout of the current protectionist wave could easily end up being bigger in the U.S. Tariffs could slow global annual trade growth by 0.1 to 0.3%, though for the U.S. the effect could be perhaps 3 or 4%, he said at Maersks headquarters on Friday. And that would definitely not be good.

Stocks To Watch

Welspun Corp Ltd. is on the upside while The Federal Bank Ltd. is on the downside.

WelCorp is currently trading at Rs.141.30, up by Rs.15.00 or 11.88% from its previous closing of Rs.126.30 on the NSE. The scrip opened at Rs.127.00 & has touched a high & low of Rs.143.50 and Rs.126.20 respectively. So far 25,19,302 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,741.01 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.197.15 on 22-January-2018 & a 52 week low of Rs.102.75 on 20-July-2018.

Federal Bank is currently trading at Rs.81.55, down by Rs.4.70 or 5.45% from its previous closing of Rs.86.25 on the NSE. The scrip opened at Rs.86.30 & has touched a high and low of Rs.86.30 & Rs.80.70 respectively. So far 6,51,42,957 (NSE) shares were traded on the counter. The current market cap of the company is Rs.16,129.46 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.127.65 on 17-October-2017 and a 52 week low of Rs.73.50 on 17-July-2018.

GAIL by 3.61% to Rs.393.50, Dr. Reddy by 3.47% to Rs.2,357.60, Sun Pharma by 3.19% to Rs.621.00, Lupin by 1.49%to Rs.849.20, Infosys by 1.47% to Rs.1,429.

Top Losers

Kotak Bank by -3.71% to Rs.1,245, Vedanta by -2.84% to Rs.209.00, ZEEL by -2.59% to Rs.500.65, HDFC by -2.54% to Rs.1,892.20, IBULHSGFIN by -2.51% to Rs.1,258.60.

Analysis Of Top Gainer And Loser

GAIL is the top gainer in today's market as the stock rose for the third day in a row after strong Q1 FY19 earnings.

Kotak Mahindra Bank is the top loser in today's market as investors reacted to regulatory developments on Tuesday. Kotak Mahindra Bank's preferential issue does not meet the dilution norms, the Reserve Bank of India had said on Tuesday.

Key Market News

The rating agency, India Ratings & Research, revised down, Indias GDP growth forecasts for the current financial year. The economic growth forecast has been reduced to 7.2% from 7.4% earlier. The key reasons, it said, are headwinds emerging from rising in crude prices, fixing of minimum support price (MSP), depreciating rupee as well as no visible signs of reduction in NPAs among banks. Although Ind-Ra expects the central government to meet its fiscal deficit target of 3.3% of GDP in FY19, the current account deficit is likely to touch USD71.1 billion (2.6% of the GDP) in FY19 from USD48.7 billion in FY18 (1.9% of GDP) due to the widening trade gap, it said in a statement.

Indias trade deficit in July widened to the most in more than 5 years, worsening the outlook for the rupee that hit a record low on Tuesday. The gap between exports & imports reached $18 billion in July, fanned by a higher oil import bill, according to data released by Indias commerce ministry on Tuesday. That compared with the $15.7 billion median estimate in a Bloomberg survey of 24 economists & $16.6 billion in June.

Stocks To Watch

Housing Development & Infrastructure Ltd. is on the upside while Jain Irrigation Systems Ltd. is on the downside.

HDIL is currently trading at Rs.31.10, up by Rs.5.15 or 19.85% from its previous closing of Rs.25.95 on the NSE. The scrip opened at Rs.25.80 & has touched a high & low of Rs.31.10 and Rs.25.35 respectively. So far 6,19,69,857 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,334.56 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.69.15 on 15-January-2018 & a 52 week low of Rs.17.45 on 20-July-2018.

Jain Irrigation is currently trading at Rs.75.60, down by Rs.7.65 or 9.19% from its previous closing of Rs.83.25 on the NSE. The scrip opened at Rs.83.40 & has touched a high and low of Rs.83.40 & Rs.75.00 respectively. So far 1,63,54,899 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,764.94 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.150.40 on 29-January-2018 and a 52 week low of Rs.71.70 on 23-July-2018.

In the afternoon session, bulls took control in D-street as Sensex rose 270 points & Nifty around 11,450. All sectoral indices traded in green led by IT, FMCG, banking & financials, media, realty, pharma and auto rose 0.5%-1.5%. Broader market also traded higher led by Nifty midcap index, was up 120 points.

In the last hour of trade, the market continued to trade higher as Sensex was up 230 points & Nifty near 11,450. The market ended on a strong note. Nifty banking & financials, pharma, realty, IT, FMCG, auto & media index led the rally. Nifty midcap index outperformed benchmark indices, closed 1.19% higher. Sensex closed 207.10 points up at 37,852.00, Nifty up by 79.35 points at 11,435.10.

Top Gainers

Sun Pharma by 7.39% to Rs.605.60, Yes Bank by 3.45% to Rs.383.50, Lupin by 3.30% to Rs.838.75, Cipla by 2.81%to Rs.645.95, Bajaj Finance by 2.53% to Rs.2,830.20.

Top Losers

UPL by -2.64% to Rs.608.90, Adani Ports by -1.27% to Rs.372.35, Hero Motocorp by -1.26% to Rs.3,266.40, Bharti Airtel by -0.99% to Rs.366.50, HindPetro by -0.97% to Rs.270.45.

Analysis Of Top Gainer And Loser

Sun Pharma is the top gainer in today's market after company beat analysts' estimates as it has reported net profit in the quarter ended June 2018. Net profit at Rs.982 crore vs loss of Rs.425 crore, margin at 22.2% versus 17.6%.

UPL is the top loser in today's market as some sort of a profit booking was seen in the stock.

Key Market News

Indias retail inflation cooled more than expected in July due to subdued food prices after the Monetary Policy Committee raised interest rates for the second straight time. Consumer price inflation in July rose 4.17% compared with the same month last year, declining from the 5 months high of 4.9% in June, according to data from the CSO. Headline inflation slowed for the first time after rising for the past four months. A Bloomberg poll of economists had expected inflation at 4.49% in July. The MPC projects inflation at 4.6% in the Sept. ending quarter, 4.8% in the second half of 2018-19, & 5% in the first quarter of 2019-20.

India's wholesale inflation grew 5.09% in July marginally slower than 5.77% in June as rates of some food items fell & fuel prices latest price data released by the commerce & industry ministry showed. The Wholesale inflation during the same month of the previous year was at 1.88%. Final WPI inflation rate for May has been revised to 4.78% as compared to 4.43% (provisional). Inflation in Fuel & Power, which contributes 13.15% to the index, continued to rise to 18.10% from 16.18%.

Stocks To Watch

Karur Vysya Bank Ltd. is on the upside while Allahabad Bank Ltd. is on the downside.

Karur Vysya is currently trading at Rs.100.00, up by Rs.7.10 or 7.64% from its previous closing of Rs.92.91 on the NSE. The scrip opened at Rs.97.90 & has touched a high & low of Rs.100.90 and Rs.95.15 respectively. So far 39,51,401 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,993.03 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.146.73 on 18-September-2017 & a 52 week low of Rs.85.18 on 25-May-2018.

Allahabad Bank is currently trading at Rs.39.95, down by Rs.2.80 or 6.55% from its previous closing of Rs.42.75 on the NSE. The scrip opened at Rs.42.50 & has touched a high and low of Rs.43.95 & Rs.39.15 respectively. So far 2,37,68,424 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,219.11 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.89.00 on 26-October-2017 and a 52 week low of Rs.37.30 on 16-May-2018.

Sensex & Nifty Fall: Rupee At Record Low As Turkey Rout Spreads

The Benchmark indices started lower as bear took control as Sensex fell 270 points & Nifty below the 11,400 mark. The equity market continued to be weak as Sensex was down 230 points while Nifty below 11,400. Nifty banking & financials, auto, media & realty continued to week while IT, pharma traded in green. The Nifty midcap index also traded lower, was down 75 points.

In the afternoon session, the market was off days low as Sensex was down 100 points & Nifty near 11,400. Nifty banking & financials, media, realty traded lower though recovered while IT, pharma & FMCG continued to see strong buying. Nifty midcap index outperformed the market, traded flat with a little negative point.

In last hour of trade, the market fell further as Sensex dipped 240 points while Nifty near 11,350 levels. The market ended lower as the rupee hit new lows. Nifty banking and financials, media, auto, metal & realty dragged market while IT, pharma & FMCG capped losses. Nifty midcap index corrected in line with the market, fell 0.65%. Sensex closed 224.33 points down at 37,644.90, Nifty down by 73.75 points at 11,355.75.

Top Gainers

GAIL by 3.32% to Rs.375.00, Tech Mahindra by 2.64% to Rs.663.00, Sun Pharma by 1.95% to Rs.564.80, Grasim by 1.87%to Rs.989.50, HCL Tech by 1.75% to Rs.982.95.

Top Losers

BPCL by -5.75% to Rs.378.50, HindPetro by -4.77% to Rs.272.50, Yes Bank by -3.62% to Rs.369.00, VEDL by -3.40% to Rs.216.10, IOC by -3.37% to Rs.160.75.

Analysis Of Top Gainer And Loser

GAIL is the top gainer in today's market after the company meets estimates as Q1 profit rise 23% at Rs.1,259 crore. Brokerage house like JP Morgan remain Neutral but raised target price while CLSA retained buy rating.

BPCL is the top loser in today's market as Indian currency fell on the back of a sharp drop in Turkish lira against the US dollar.

Key Market News

The Indian rupee hit a fresh record low today, as a slide in E.M. currencies led by the Turkish lira spurred demand for haven assets. The rupee fell as much as 1.10% to 69.6150 versus the dollar in early trading before paring losses. The Indian currency has been the worst performer in Asia this year. The lira slumped for a fourth day to a new record low, after President Recep Tayyip Erdogan showed no signs of backing down in a standoff with the U.S. The MSCI Emerging Market Index slumped to the lowest in more than a year.

Fitch Ratings' outlook on the Indian banking sector is likely to remain negative until the banks address their weak core capital positions against mounting bad loans and poor financial performance, it said in a report. The capital position of state banks is most at risk, with the core capital ratios of 11 of India's 21 state banks below the 8% common equity Tier 1 (CET1) regulatory minimum that comes into place at financial year-end March 2019 (FYE 19), the report said. Banks' credit costs rose sharply following regulatory changes aimed at accelerating bad-loan recognition and led to losses that cumulatively eroded nearly all of the Rs.90,000 crore in govt. capital injected in FY18, adding to capital positions which were already weak.

Stocks To Watch

Apollo Hospitals Enterprise Ltd. is on the upside while Vakrangee Ltd. is on the downside.

Apollo Hospital is currently trading at Rs.1,065.05, up by Rs.121.15 or 12.84% from its previous closing of Rs.943.90 on the NSE. The scrip opened at Rs.948.00 & has touched a high & low of Rs.1,087.30 and Rs.945.00 respectively. So far 54,40,911 (NSE) shares were traded on the counter. The current market cap of the company is Rs.14,853 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,263.40 on 26-February-2018 & a 52 week low of Rs.910.10 on 30-July-2018.

Vakrangee is currently trading at Rs.50.20, down by Rs.12.55 or 20.00% from its previous closing of Rs.62.75 on the NSE. The scrip opened at Rs.53.50 & has touched a high and low of Rs.60.00 & Rs.50.20 respectively. So far 2,47,62,639 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,309.90 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.515.00 on 24-January-2018 and a 52 week low of Rs.30.85 on 07-June-2018.

Reliance Pushed The Market At Closing Highs, Nifty At 11,450

The Benchmark indices started the day on a positive note as Sensex was up 20 points & Nifty near 11,400. The equity market hit fresh record as Sensex rose over 150 points while Nifty traded near 11,450. Baring pharma & IT all sectoral indices traded in green led by banking & financials, media, metal, retail & FMCG. The Nifty midcap index traded in green, was up 50 points.

In the last hour of trade, the markets were off days high as Sensex was up 150 points while Nifty above 11,400. The market closed at record fresh high. Nifty banking & financials, FMCG & metal pushed market while pharma, auto index capped the gains in the market. Nifty midcap index underperformed the market, ended flat. Sensex closed 221.76 points up at 37,887.56, Nifty up by 60.55 points at 11,450.00.

Top Gainers

ONGC by 3.13% to Rs.172.80, RIL by 3.09% to Rs.1,220.80, Cipla by 2.33% to Rs.644.10, Infratel by 2.31%to Rs.292.50, Bajaj Finance by 2.28% to Rs.2,809.95.

Top Losers

Lupin by -5.13% to Rs.822.15, Maruti by -2.14% to Rs.9,210, HindPetro by -1.63% to Rs.283.90, BPCL by -1.31% to Rs.388.95, Grasim by -0.87% to Rs.1,009.95.

Analysis Of Top Gainer And Loser

ONGC is the top gainer in today's market after the company is expected to beg 2 oil blocks as ECS has cleared award are blocks offered in OALP-1.

Lupin is the top loser in today's market after it reported a 43% YoY decline in net profit to Rs.202.8 crore in the June quarter as against a net profit Rs.358.1 crore last fiscal. PAT was much below analysts estimates on a subdued US business.

Key Market News

India is on track to hold its position as one of the worlds fastest-growing economies as reforms start to pay off, according to the International Monetary Fund. The $2.6 trillion economy was described by Ranil Salgado, the IMFs mission chief for India, as an elephant starting to run with growth forecast at 7.3% in the fiscal year through March 2019 & 7.5% in the year after that. The nation accounts for about 15% of global growth, according to the Washington-based fund. Key risks flagged by the IMF in its annual Article IV assessment of the economy include higher oil prices, tightening global financial conditions & tax revenue shortfalls.

The U.S. said it will begin imposing 25% duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the worlds two biggest economies. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list as of Aug. 23, the U.S. Trade Representative's Office said in an emailed statement on Tuesday. The new list covers products ranging from motorcycles to steam turbines & railway cars. Chinas trade surplus with the U.S. stood at $28.1 billion, close to the record high in June, data released Wednesday showed.

Stocks To Watch

Strides Shasun Ltd. is on the upside while Edelweiss Financial Services Ltd. is on the downside.

Strides Shasun is currently trading at Rs.413.95, up by Rs.21.55 or 5.49% from its previous closing of Rs.392.40 on the NSE. The scrip opened at Rs.393.40 & has touched a high & low of Rs.423.90 and Rs.376.60 respectively. So far 1,29,45,281 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,714.94 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,054 on 07-August-2017 & a 52 week low of Rs.330.30 on 21-May-2018.

Edelweiss is currently trading at Rs.306.30, down by Rs.21.65 or 6.60% from its previous closing of Rs.327.95 on the NSE. The scrip opened at Rs.314.10 & has touched a high and low of Rs.318.40 & Rs.302.75 respectively. So far 38,48,262 (NSE) shares were traded on the counter. The current market cap of the company is Rs.28,432.75 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.342.00 on 29-May-2018 and a 52 week low of Rs.220.05 on 07-August-2017.

In the last hour of trade, the market traded flat as Sensex was up 20 points while Nifty below 11,400. The market closed flat after the range-bound session. Nifty PSU bank fell over 2% along with pharma, & realty while media, metal, auto supported the market. Nifty midcap index underperformed the market, ended 54 points lower. Sensex closed 26.09 points down at 37,665.80, Nifty up by 2.35 points at 11,389.45.

Top Gainers

Tata Steel by 4.02% to Rs.575.50, Titan by 3.03% to Rs.929.00, Bajaj Finance by 2.10% to Rs.2,752.80, Eicher Motors by 2.06%to Rs.27,595, Asian Paints by 1.98% to Rs.1,425.

Top Losers

Adani Ports by -6.08% to Rs.373.20, Coal India by -2.70% to Rs.275.50, HPCL by -1.80% to Rs.288.80, BPCL by -1.70% to Rs.394.20, Cipla by -1.87% to Rs.902.00.

Analysis Of Top Gainer And Loser

Tata Steel is the top gainer in today's market as strong buying was seen in the stock after metal prices rose in Shanghai exchange by 2%.

Adani Ports is the top loser in today's market after its profit missed Bloomberg consensus estimates in June quarter. In Q1 FY19, consolidated net profit declined 9% to Rs.697.40 crore as against Rs.767.52 crore in same quarter last fiscal year.

Key Market News

The government will hold talks with the Reserve Bank of India about relaxing capital requirements for banks and bringing them in line with the less-stringent Basel-III norms, according to a report by The Economic Times. This comes after discussions by the finance ministry with central think tank NITI Aayog and other stakeholders, a senior government official told the paper. The move is likely to free up an estimated Rs 60,000 crore of capital for state-owned lenders. It would allow banks to increase lending in order to fuel the reviving economy, bolster weaker banks and reduce pressure on the government to provide capital.

India deferred the imposition of retaliatory tariffs on some US imports to next month, opening the door to an agreement that would avert a trade war between the two nations. The higher import duty on goods like chickpeas & Bengal gram, or chana, has been delayed to Sept. 18 from Aug. 4, the finance ministry said in a notification. The move comes as trade tensions between the U.S. and China intensify. The Trump administration is considering increasing its proposed tariffs on $200 billion of Chinese goods, while Beijing has threatened to retaliate. Indias list also included tariffs on walnuts, almonds, boric acid, apples, diagnostic reagents & some hot-rolled coil products.

Stocks To Watch

Vakrangee Ltd. is on the upside while Punjab National Bank Ltd. is on the downside.

Vakrangee is currently trading at Rs.67.05, up by Rs.11.15 or 19.95% from its previous closing of Rs.55.90 on the NSE. The scrip opened at Rs.59.05 & has touched a high & low of Rs.67.05 and Rs.58.70 respectively. So far 3,27,88,675 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,003.98 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.515.00 on 24-January-2018 & a 52 week low of Rs.30.85 on 07-June-2018.

PNB is currently trading at Rs.82.90, down by Rs.7.15 or 7.94% from its previous closing of Rs.90.05 on the NSE. The scrip opened at Rs.90.25 & has touched a high and low of Rs.91.55 & Rs.82.50 respectively. So far 13,90,40,553 (NSE) shares were traded on the counter. The current market cap of the company is Rs.22,871.35 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.231.45 on 26-October-2017 and a 52 week low of Rs.71.65 on 28-June-2018.

Bulls In Command At D-Street; Market Closed At Record High

The Benchmark indices clocked fresh record high with Sensex surged over 200 points & Nifty hit 11,400. The equity market extended gains as Sensex was up over 200 points while Nifty above 11,400. Nifty banking & financials, auto, metal traded strong while pharma, FMCG & IT traded lower. The Nifty Midcap index traded in line with benchmark indices, was up 0.40%.

In afternoon session market continued to trade higher as Sensex was up nearly 200 points while Nifty hovered around 11,400. On sectoral indices, banking & financials, auto, media & metal traded higher while pharma, FMCG & IT remained lower. Nifty midcap index outperformed frontliners, was up over half a defense.

In last hour of trade market were of days high as Sensex was up 115 points while Nifty below 11,400. The market closed at a record high but off days high. Banks led the gainers chart among all sectoral indices, while auto, energy & metals followed suit as well. In the broader markets, midcaps ended the day 87 points higher.

Sensex closed 135.73 points up at 37,691.89, Nifty up by 26.30 points at 11,387.10.

Top Gainers

Axis Bank by 3.68% to Rs.595.90, SBIN by 3.22% to Rs.308.90, ICICI Bank by 3.11% to Rs.314.50, Airtel by 2.68%to Rs.384.55, UPL by 2.35% to Rs.656.10.

Top Losers

GAIL by -3.01% to Rs.376.50, Kotak Bank by -1.95% to Rs.1,284, Tata Motors by -1.92% to Rs.253.50, HUL by -1.87% to Rs.1,730, Titan by -1.87% to Rs.902.00.

Analysis Of Top Gainer And Loser

Axis Bank is the top gainer in today's market as strong buying was seen in the stock after bank returned to profit after its first ever loss in the last quarter reported last week. The stock is trading higher from last three days.

GAIL is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

India has decided to defer by 45 days the tit-for-tat retaliatory tariffs against 29 American products worth $235 million which were supposed to come into effect on Saturday to counter a US move to unilaterally raise import duties on Indian steel and aluminium products. The move comes at a time when the US on Monday elevated Indias status by placing it in the Strategic Trade Authorization (STA) Tier 1 listcomparable to North Atlantic Treaty Organization (Nato) alliesthat eases export of high-tech defence items to it without individual licenses.

Oil traded below $69 a barrel as investors weighed the prospect of shrinking global demand due to a trade spat between the worlds two biggest economies against signs of lower supply. After crude posted its worst monthly loss in two years in July as the U.S.-China war raised fears over global economic growth, investors are trying to assess how the conflict will affect oil demand. American President Trump defended his use of tariffs that have inflamed tensions with the Asian nation and Europe, saying that playing hardball on trade is my thing. Traders are also watching the output from OPEC and its allies as signs of a surplus of high-quality crude are emerging again.

Stocks To Watch

Trident Ltd. is on the upside while Mahindra Lifespace Developers Ltd. is on the downside.

Trident is currently trading at Rs.70.75, up by Rs.6.55 or 10.20% from its previous closing of Rs.64.20 on the NSE. The scrip opened at Rs.66.40 & has touched a high & low of Rs.72.80 and Rs.65.35 respectively. So far 82,10,193 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,607.94 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.109.50 on 20-September-2017 & a 52 week low of Rs.51.15 on 22-May-2018.

MahLife is currently trading at Rs.500.10, down by Rs.42.25 or 7.79% from its previous closing of Rs.542.35 on the NSE. The scrip opened at Rs.542.40 & has touched a high and low of Rs.543.85 & Rs.500.00 respectively. So far 46,09,328 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,583.11 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.668.40 on 20-June-2018 and a 52 week low of Rs.396.55 on 11-August-2017.

In last hour of trade, the market slipped further as Sensex fell over 300 points while Nifty traded below 11,250 levels. The market ended the day on a weak note. Baring Nifty pharma & metal all sectoral indices closed in red led by banking & financials, auto, realty & IT. The Nifty midcap index closed ted higher, was up 21 points. Sensex closed 356.46 points down at 37,165.16, Nifty down by 101.50 points at 11,244.70.

Top Gainers

Lupin by 2.64% to Rs.866.50, Dr. Reddy by 2.26% to Rs.2,227, Power Grid by 1.98% to Rs.188.35, HindPetro by 1.77%to Rs.292.45, BPCL by 1.54% to Rs.402.10.

Top Losers

Kotak Bank by -2.61% to Rs.1,278.50, Bharti Airtel by -2.50% to Rs.372.45, Grasim by -2.40% to Rs.1,005.60, Maruti by -2.27% to Rs.9,129.40, M&M by -1.99% to Rs.911.25.

Analysis Of Top Gainer And Loser

Lupin is the top gainer in today's market as strong buying was seen in the stock. Also, in todays market pharma index remained strong.

Kotak Mahindra Bank is the top loser in today's market as some selling pressure was seen in the stock.

Key Market News

Revenue collection from Goods and Services Tax (GST) steadily rose to Rs.96,483 crore in the month of July, from Rs.95,610 crore in June, data released by the Finance Ministry showed. The rise in revenue has been accompanied with increased compliance, with 66 lakh tax assesses filing GSTR 3B or summary returns for the month of July, as compared with 64.69 lakh in June. Despite a rise in revenue collection in July, the mop-up is still lower than the governments monthly target of Rs.1 lakh crore. The 2018-19 budget estimate for GST collection is Rs.12 lakh crore.

The U.S. Federal Reserve kept interest rates unchanged on Wednesday but characterized the economy as strong, keeping the central bank on track to increase borrowing costs in September. The Fed said economic growth has been rising strongly and the job market has continued to strengthen while inflation has remained near the central banks 2% target since its last policy meeting in June when it raised rates. The Feds decision left its benchmark overnight lending rate in a range of 1.75% to 2.00%.

Stocks To Watch

Aditya Birla Fashion & Retail Ltd. is on the upside while Marico Ltd. is on the downside.

ABFRL is currently trading at Rs.174.85, up by Rs.20.50 or 13.28% from its previous closing of Rs.154.35 on the NSE. The scrip opened at Rs.152.50 & has touched a high & low of Rs.180.90 and Rs.148.50 respectively. So far 1,86,77,915 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,377.81 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.184.40 on 07-September-2017 & a 52 week low of Rs.132.10 on 19-July-2018.

Marico is currently trading at Rs.348.65, down by Rs.19.85 or 5.39% from its previous closing of Rs.368.50 on the NSE. The scrip opened at Rs.369.45 & has touched a high and low of Rs.370.35 & Rs.348.40 respectively. So far 68,61,034 (NSE) shares were traded on the counter. The current market cap of the company is Rs.45,296.43 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.374.75 on 27-July-2018 and a 52 week low of Rs.284.15 on 06-February-2018.

In the afternoon session, the market continued to trade lower as Sensex was down 75 points while Nifty around 11,350 ahead of MPC outcome. Nifty pharma, media & IT witnessed strong buying while banking, metal & auto under selling pressure. The Nifty midcap index also erased gains, traded flat.

Coal India by 3.60% to Rs.270.50, Lupin by 2.38% to Rs.844.00, IOC by 2.34% to Rs.168.20, Infratel by 2.25%to Rs.293.10, Dr. Reddy by 2.22% to Rs.2,175

Top Losers

Hindalco by -2.53% to Rs.208.00, ICICI Bank by -2.38% to Rs.297.00, Maruti by -2.03% to Rs.9,327, VEDL by -1.91% to Rs.217.95, Tata Steel by -1.70% to Rs.553.50.

Analysis Of Top Gainer And Loser

Coal India is the top gainer in today's market after the state-run company is considering outsourcing coalbed methane production to global operators and will set aside Rs.3,000 crore to part-finance the initiative, company executives said.

Hindalco is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

RBIs Policy Review:-

RBI hikes Repo Rate by 25 bps to 6.50%, Reverse repo rate at 6.25%

MPCs remains sanguine on GDP growth retained at 7.4% for FY19

MFS, Bank rate adjust at 6.75%

RBI's Monetary Policy Committee maintains neutral stance

Inflation is projected at 4.6% in Q2, 4.8% in H2 of 2018-19 and 5.0% in Q1,

Banks, NBFCs allowed to co-originate loans for priority sector.

Buoyed by an expansion in output of cement, refinery & coal, Indias infrastructure industries grew at a 7-month high of 6.7% in June, official data showed on Tuesday. Core sector had grown 4.3% in May 2018.

Growth in India's manufacturing industry slowed last month, largely pressured by a modest weakening in demand and output. The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, decreased to 52.3 in July from June's 53.1, below a Reuters' poll median of 53.0.

Stocks To Watch

JK Paper Ltd. is on the upside while Tata Global Beverages Ltd. is on the downside.

JK Paper is currently trading at Rs.140.20, up by Rs.13.95 or 11.05% from its previous closing of Rs.126.25 on the NSE. The scrip opened at Rs.135.10 & has touched a high & low of Rs.144.80 and Rs.132.75 respectively. So far 93,31,482 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,490.95 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.169.90 on 05-January-2018 & a 52 week low of Rs.88.70 on 11-August-2017.

Tata Global is currently trading at Rs.235.10, down by Rs.11.80 or 4.78% from its previous closing of Rs.246.90 on the NSE. The scrip opened at Rs.248.70 & has touched a high and low of Rs.254.95 & Rs.234.35 respectively. So far 1,32,72,609 (NSE) shares were traded on the counter. The current market cap of the company is Rs.14,888.35 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.328.75 on 15-January-2018 and a 52 week low of Rs.152.05 on 11-August-2017.

In the afternoon session, the market continued to trade lower as Sensex was down 70 points while Nifty hold above 11,300. Financials took a hit among sectoral indices along with metals & FMCG while energy, pharma and IT were the top gainers. Nifty midcap index continued to trade higher, was up 50 points.

Tech Mahindra by 3.75% to Rs.680.00, Dr. Reddy by 3.04% to Rs.2,130, Reliance by 2.84% to Rs.1,184.15, Hindustan Unilever by 2.62%to Rs.1,733, Adani Ports by 2.60% to Rs.400.95.

Top Losers

Axis Bank by -3.77% to Rs.548.20, IBULHSGFIN by -3.34% to Rs.1,295.95, Eicher Motors by -2.79% to Rs.27,798, HDFC by -1.97% to Rs.1,988.80, Tata Motors by -1.46% to Rs.263.60.

Analysis Of Top Gainer And Loser

Tech Mahindra is the top gainer in today's market after on Monday reported 12.4% rise in consolidated net profit at Rs.897.9 cr. for Q1 FY19 as against Rs.798.6 cr. in the corresponding quarter of the last fiscal.

Axis Bank is the top loser in today's market as its net profit for Q1 FY19 fell 46.3% YoY to Rs.701 crore as against Rs.1,306 cr. in the same quarter of the last fiscal.

Key Market News

Indias fiscal deficit exceeded the halfway mark of its budgetary estimate 2 months into the new financial year. Fiscal deficit, the gap between the govt's revenue & expenditure, rose to Rs.3.45 lakh crore at the end of May, according to data released by the Controller General of Accounts. Thats 55.3% of the targeted Rs.6.24 lakh crore in 2018-19. The gap is lower than what it was in May last year, at 68.3% of the FY18 target, as the govt. had front-loaded expenditure to kickstart the investment cycle.

Oil prices fell on Tuesday, with Brent futures set for their biggest monthly loss in two years, on oversupply concerns after a report showed OPECs output in July rose to its highest for 2018. A Reuters survey showed the Organization of the Petroleum Exporting Countries (OPEC) increased production in July. OPEC hiked production by 70,000 barrels per day (bpd) to 32.64 million bpd, the most this year. The group has pledged to reduce the amount of oil output they are curtailing to offset the loss of Iranian supply as looming sanctions have already started to cut exports from OPECs third-largest producer.

Stocks To Watch

Bharat Electronics Ltd. is on the upside while Redington (India) Ltd. is on the downside.

BEL is currently trading at Rs.117.90, up by Rs.10.10 or 9.37% from its previous closing of Rs.107.80 on the NSE. The scrip opened at Rs.108.40 & has touched a high & low of Rs.119.65 and Rs.107.20 respectively. So far 2,57,07,218 (NSE) shares were traded on the counter. The current market cap of the company is Rs.28,252.30 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.193.40 on 29-November-2017 & a 52 week low of Rs.96.70 on 19-July-2018.

Redington is currently trading at Rs.107.65, down by Rs.16.80 or 13.50% from its previous closing of Rs.124.45 on the NSE. The scrip opened at Rs.125.00 & has touched a high and low of Rs.128.65 & Rs.106.60 respectively. So far 41,28,042 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,361.88 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.209.90 on 10-November-2017 and a 52 week low of Rs.102.30 on 29-June-2018.

Sensex, Nifty Extend Record Closing Spree Led By ICICI Bank & RIL

The Benchmark indices clocked a fresh high in opening trade as Sensex rose 100 points & Nifty above 11,300. The equity market off days high as Sensex was up 40 points while Nifty near 11,300. Nifty PSU bank surged over 3% followed by pharma, metal while IT, auto & financials witnessed some selling pressure. The Nifty midcap index gave all opening gains, was down 45 points.

In the afternoon session, the market traded higher as Sensex rose 130 points while Nifty traded above the 11,300 mark. Baring IT index all sectoral indices traded in green led by PSU bank which rose 4.5% followed by pharma, metal, auto & FMCG. The Nifty midcap index also edged higher, rose 40 points.

In last hour of trade, the market continued to trade at fresh high as Sensex surged 175 points while Nifty above 11,300. The market started the week on a strong note. Nifty PSU bank surged 4.3% followed by banking & financials, pharma & metal while IT index corrected over half a percent. Nifty midcap index underperformed benchmark indices, closed 20 points higher. Sensex closed 157.55 points up at 37,494.40, Nifty up by 41.20 points at 11,319.55.

Top Gainers

Bharti Airtel by 5.68% to Rs.385.40, ICICI Bank by 4.88% to Rs.307.50, SBIN by 3.40% to Rs.296.50, Axis Bank by 2.85%to Rs.569.00, Ultratech Cement by 2.80% to Rs.4,240.

Top Losers

HDFC Bank by -1.70% to Rs.2,164.70, Infosys by -1.63% to Rs.1,351, HCL Tech by -1.61% to Rs.947.95, HDFC by -1.53% to Rs.2,016, Bajaj Finance by -1.46% to Rs.2,674.10.

Analysis Of Top Gainer And Loser

Bharti Airtel is the top gainer in today's market after the company posted surprise profit in Q1 earnings last week as brokerages gave thumbs up.

HDFC Bank is the top loser in today's market as some profit booking was seen in the stock ahead of the fundraising plan.

Key Market News

The Reserve Bank of India (RBI) is likely to maintain status quo on the key interest rate on Wednesday notwithstanding elevated oil prices and govt.s announcement to steeply hike minimum support price for Kharif crops, say experts. The central bank had increased the benchmark short term lending rate (repo rate) by 0.25% to 6.25% in its last monetary policy review in June on inflationary concerns. RBI governor Urjit Patel-headed monetary policy committee (MPC) will begin its 3-day deliberations on Monday in Mumbai to decide on the interest rate. The decision of the second bi-monthly monetary policy review of 2018-19 will be made public on the afternoon of August 1.

Growth in Chinas factory sector is expected to have slowed for a second month in July amid softer domestic investment and as the worsening trade dispute with the United States clouds the outlook for external demand. The official manufacturing Purchasing Managers Index (PMI) is expected to fall to 51.3 in July from 51.5 in June, according to the median forecast of 28 economists in a Reuters poll. The 50-mark divides expansion from contraction on a monthly basis.

Stocks To Watch

Bank of Baroda Ltd. is on the upside while Max Financial Services Ltd. is on the downside.

Bank of Baroda is currently trading at Rs.152.15, up by Rs.14.30 or 10.37% from its previous closing of Rs.137.85 on the NSE. The scrip opened at Rs.149.00 & has touched a high & low of Rs.153.30 and Rs.144.65 respectively. So far 6,97,16,569 (NSE) shares were traded on the counter. The current market cap of the company is Rs.40,145.71 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.206.65 on 26-October-2017 & a 52 week low of Rs.109.50 on 02-July-2018.

Max Financial is currently trading at Rs.478.75, down by Rs.16.50 or 3.33% from its previous closing of Rs.495.25 on the NSE. The scrip opened at Rs.499.40 & has touched a high and low of Rs.499.40 & Rs.463.35 respectively. So far 12,23,710 (NSE) shares were traded on the counter. The current market cap of the company is Rs.12,887.98 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.652.90 on 19-September-2017 and a 52 week low of Rs.403.25 on 05-July-2018.

In the afternoon session, the market was off days high as Sensex was up nearly 100 points & Nifty hovered around 11,150. Nifty banks & financials, realty & pharma remained strong while media, metal, IT & auto traded under selling pressure. The Nifty midcap index continued to outperform the market, was up 0.4%.

In the last hour of trade, the market continued to trade higher as Sensex was up 100 points while Nifty above 11,150 mark. The market ended at record highs on July F&O expiry. Nifty PSU bank surged over 5% followed by financials, realty, pharma & FMCG ended in green while IT, auto, metal & media index closed lower. Nifty midcap index outperformed benchmark indices, closed 109 points higher. Sensex closed 126.41 points up at 36,984.64, Nifty up by 35.30 points at 11,167.30.

Top Gainers

SBIN by 6.40% to Rs.289.25, Eicher Motors by 3.71% to Rs.28,300, Power Grid by 3.67% to Rs.182.10, Grasim by 3.62%to Rs.1,021.50, ICICI Bank by 3.51% to Rs.284.30.

Top Losers

Yes Bank by -4.03% to Rs.367.45, Maruti by -3.78% to Rs.9,390, IOC by -2.21% to Rs.159.50, HindPetro by -1.79% to Rs.276.90, BPCL by -1.76% to Rs.388.70.

Analysis Of Top Gainer And Loser

SBIN is the top gainer in today's market after it said it expects to recover half of the assets that turned sour in the initial 12 large bad loan accounts that were identified for bankruptcy resolution.

Yes Bank is the top loser in today's market despite meeting the Street's estimates in Net Profit part but its provisions for bad loans rose 56% sequentially to Rs.625.65 crore in the June quarter, that hurt the sentiment of the investors.

Key Market News

US President Donald Trump and European Commission chief Jean-Claude Juncker today agreed on a plan to defuse the festering trade dispute between the two major economies. The agreement, though short on details, means Washington will not follow through with a threat to impose tariffs on autos, which would hurt the dominant German car industry. The outcome seemed a victory for Trump, who had assured supporters that his confrontational trade strategy would bear fruit, and who appears to have conceded little in the talks with the EU.

Payroll count based on Employees Provident Fund Organisation (EPFO) showed that 7.43 lakh jobs were added in May this year. A total of 44.74 lakh jobs were added in the formal economy during September-May 2017-18, government data showed. Of the 44.74 lakh, new jobs added across age groups, 29.61 lakh or 66.1 percent were created in the 18-25 age group, considered a proxy for new jobs. The EPFO manages social security funds of workers in the organised and the semi-organised sectors and has, at present, 6 crore members with an active contribution.

Stocks To Watch

Welspun Corp Ltd. is on the upside while Intellect Design Arena Ltd. is on the downside.

Welspun Corp is currently trading at Rs.130.70, up by Rs.18.95 or 16.96% from its previous closing of Rs.111.75 on the NSE. The scrip opened at Rs.112.65 & has touched a high & low of Rs.133.80 and Rs.108.30 respectively. So far 1,44,91,073 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,360.41 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.197.15 on 22-January-2018 & a 52 week low of Rs.102.75 on 20-July-2018.

Intellect Design is currently trading at Rs.191.95, down by Rs.18.10 or 8.62% from its previous closing of Rs.210.05 on the NSE. The scrip opened at Rs.202.00 & has touched a high and low of Rs.202.00 & Rs.186.35 respectively. So far 11,12,597 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,424.65 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.227.00 on 13-June-2018 and a 52 week low of Rs.96.50 on 11-August-2017.

Sensex Ends At Record High For A 3rd Day; Nifty At 11,130

The Benchmark indices had subdued start with Sensex rose 60 points & Nifty eyed the 11,150 mark. The equity market after hitting fresh high off days high as Sensex was up 30 points while Nifty above 11,100. The Nifty metal rallied over 1% followed by financials & PSU bank while media, pharma & IT traded under pressure. Nifty midcap index outperformed frontline indices, was up 0.2%.

In the afternoon session, the market traded higher as Sensex rose around 100 points while Nifty near 11,150. Among sectoral indices, metals continued to be the top gainers, while pharma, IT & infra names continued to lag. Among broader markets, midcaps traded strong was up almost half a per cent.

In the last hour of trade, the market remained strong as Sensex rose 90 points while Nifty near the 11,150 mark. The market ended on anti-climax note. Among sectoral index Nifty metal, PSU bank & financials rose 0.5-1.5% while realty, pharma, media, auto & IT ended in red, was down 0.5-1.5%. The Nifty midcap index also closed on a flat note due to last hour selling pressure, rose 9 points. Sensex closed 33.13 points up at 36,858.23, Nifty down by 2.30 points at 11,132.00.

Top Gainers

IBULHSGFIN by 3.80% to Rs.1,306, Bajaj Finserv by 1.79% to Rs.6,950, SBIN by 1.69% to Rs.271.35, UPL by 1.56%to Rs.640.00, Adani Ports by 1.52% to Rs.398.55.

Top Losers

NTPC by -4.10% to Rs.151.00, Lupin by -2.92% to Rs.797.00, HCL Tech by -2.68% to Rs.965.00, Ultratech Cement by -2.61% to Rs.4,028.95, Axis Bank by -2.59% to Rs.531.95.

Analysis Of Top Gainer And Loser

Indiabulls Housing Finance is the top gainer in today's market as strong buying was continued to see in the stock ahead of Q1 earnings.

NTPC is the top loser in today's market after Indian government is in talks to sell its stake in hydropower producer NHPC to the electricity generator NTPC.

Key Market News

India will remain the fastest-growing major economy this year supported by increased government spending ahead of next year's general election, but rising oil prices pose the biggest downside risk, a Reuters poll of economists showed. The over $2 trillion economies, which surpassed France recently to become the world's sixth-largest economy, is expected to grow 7.4% in the fiscal year ending in March 2019 and 7.6% next, according to average forecasts in the latest poll of nearly 70 economists, taken July 19-24.

The National Stock Exchange has written to capital and commodity market regulator SEBI, seeking approval to extend the time of equity derivatives trading till nearly midnight, sources told Moneycontrol. The NSE, India's top stock exchange, is looking to start a second trading session between 5:00 pm and 11:55 pm, only for equity derivatives, after the regular session ends at 3.30 pm. It is not clear whether trading will be held in single-stock derivatives or only index derivatives in the absence of a cash market during the second session.

Stocks To Watch

Navin Fluorine International Ltd. is on the upside while Hexaware Technologies Ltd. is on the downside.

Navin Fluor is currently trading at Rs.670.20, up by Rs.70.75 or 11.80% from its previous closing of Rs.599.45 on the NSE. The scrip opened at Rs.604.90 & has touched a high & low of Rs.699.00 and Rs.595.80 respectively. So far 12,63,423 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,343.05 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.880.00 on 26-December-2017 & a 52 week low of Rs.583.05 on 24-July-2018.

Hexaware is currently trading at Rs.454.10, down by Rs.42.00 or 8.47% from its previous closing of Rs.496.10 on the NSE. The scrip opened at Rs.466.00 & has touched a high and low of Rs.475.70 & Rs.450.65 respectively. So far 82,60,994 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,552.51 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.557.70 on 09-July-2018 and a 52 week low of Rs.239.40 on 24-July-2017.

In the afternoon session, the market continued to trade higher as Sensex was up 80 points while Nifty traded above 11,100. Nifty metal, realty, media, pharma & auto rallied 1-3% while IT, FMCG & private banks traded under pressure. Nifty midcap index continued to outperform frontliners, was up over a percent.

In the last hour of trade, the market traded near days high as Sensex rose 130 points while Nifty traded well above the 11,100 mark. The market ended the day on a strong note. Nifty Metals gained near 3%, followed by realty, pharma, media & PSU banks while IT, FMCG & Pvt. bank under pressure. The Nifty Midcap index continued to outperform benchmark indices, surged over 1.3% on strong market breadth. Sensex closed 106.50 points up at 36,825.10, Nifty up by 49.55 points at 11,134.30.

Top Gainers

Grasim by 8.20% to Rs.897.00, Hindalco by 5.63% to Rs.207.20, IBULHSGFIN by 5.27% to Rs.1,260.25, L&T by 3.74%to Rs.1,327, Ultratech by 3.00% to Rs.4,130.

Top Losers

Kotak Mahindra Bank by -2.00% to Rs.1,310.30, Hero Motocorp by -1.81% to Rs.3,108, HCL Tech by -1.54% to Rs.989.40, Bajaj Finance by -1.44% to Rs.2,716, Bajaj Auto by -1.35% to Rs.2,648.

Analysis Of Top Gainer And Loser

Grasim is the top gainer in today's market as a rally in ACCs shares spilled over to other cement stocks after ACC earnings where volume growth was strong. Grasim due to give the Q1 result on 14th August 2018.

Kotak Mahindra Bank is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

An inter-creditor agreement, signed by a majority of the countrys lenders on Monday will be used to fast-track resolution for mid-sized stressed loan accounts, bankers involved in the process said. While large a/c with more than Rs.2,000 crore in debt will most likely need to be resolved under the IBC, loan a/c between Rs.50 crore to Rs.2,000 crore could be cleared faster using the inter-creditor agreement, they said. The lenders' pact is the first step in the Sashakt resolution plan proposed earlier this month. It is these accounts that bankers will focus on resolving, using the inter-creditor agreement and the AMC/AIF structure.

Oil traded near the lowest level in a month as concerns that economic turmoil could slow global demand outweighed expectations for a seasonal decline in U.S. crude stockpiles. Prices are a little more bearish, although it is a more modest decline; we dont see a price collapse and its still high $60s, said David Lennox, a Sydney based resource analyst at Fat Prophets. In the U.S., nationwide crude stockpiles were expected to have dropped by 3.1 million barrels last week.

Stocks To Watch

ACC Ltd. is on the upside while Granules India Ltd. is on the downside.

ACC is currently trading at Rs.1,484.25, up by Rs.173.45 or 13.23% from its previous closing of Rs.1,310.80 on the NSE. The scrip opened at Rs.1,400 & has touched a high & low of Rs.1,498.75 and Rs.1,400 respectively. So far 75,18,029 (NSE) shares were traded on the counter. The current market cap of the company is Rs.27,665.76 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,869.75 on 13-September-2017 & a 52 week low of Rs.1,255.65 on 17-July-2018.

Granules is currently trading at Rs.91.10, down by Rs.3.30 or 3.50% from its previous closing of Rs.94.40 on the NSE. The scrip opened at Rs.96.25 & has touched a high and low of Rs.96.45 & Rs.88.80 respectively. So far 1,09,37,896 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,330.03 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.150.00 on 15-January-2018 and a 52 week low of Rs.71.55 on 05-June-2018.

In the afternoon session, the market remained higher as Sensex was up 75 points while Nifty held the 11K level. Nifty FMCG surged over 2% followed by realty, pharma & PSU banks while auto fell over 1% followed by IT & bank. Nifty midcap index started to see strong buying with frontliners, was up 0.33%.

In the last hour of trade, the market rallied further as Sensex surged over 200 points while Nifty traded well above 11,050 levels. The market ended on a bullish note. Baring IT all sectoral indices ended in green led by FMCG, PSU bank, Realty, metal & bank which rose 0.5% to 2.5%. Nifty midcap index outperformed frontline indices on positive market breadth, surged 200 points. Sensex closed 222.23 points up at 36,718.60, Nifty up by 74.55 points at 11,084.75.

Top Gainers

UPL by 15.52% to Rs.634.90, VEDL by 4.10% to Rs.210.70, Bajaj Finserv by 2.84% to Rs.6,920, Adani Ports by 3.63%to Rs.383.50, ITC by 3.63% to Rs.283.95.

Top Losers

Hero Motocorp by -6.58% to Rs.3,154.85, Bajaj Auto by -5.34% to Rs.2,688.10, Wipro by -2.49% to Rs.275.95, HDFC Bank by -1.80% to Rs.2,149.70, Grasim by -1.71% to Rs.923.00.

Analysis Of Top Gainer And Loser

UPL is the top gainer in today's market after brokerages gave thumbs up to Arysta deal saying it would be value accretive for approx. $4.2 billion in cash consideration subject to customary closing conditions & regulatory approvals.

Hero Motocorp is the top loser in today's market as investors were worried about the margin after Bajaj auto managements comment. Hero Motocorp is due to report its Q1 number on Wednesday, 25th July 2018.

Key Market News

A nine-hour long meeting of the GST Council ended with several important decisions rate cuts, a simplified return filing process, benefit of input credit refund for the textile sector and a benign tax regime for composition dealers, among others. The GST Council has reduced the tax rate on over 50 goods, including washing machines, refrigerators, vacuum cleaners, paints, ethanol, cosmetics, sanitary napkins. The changes in tax rate would come into effect from July 27, 2018, said a press release issued by the Ministry of Finance.

The BJP-led National Democratic Alliance (NDA) government comfortably defeated the Opposition's no-confidence motion as PM Narendra Modi spared no punches in replying to Congress President Rahul Gandhis hug and wink spell in the Lok Sabha on Friday. The no-confidence motion was defeated with 325 members voting against it (in the governments favour) & 126 for the motion (backing the opposition). While the BJD walked out before the debate started in the morning, Shiv Sena remained absent during the debate.

Stocks To Watch

UPL Ltd. is on the upside while The South Indian Bank Ltd. is on the downside.

UPL is currently trading at Rs.634.90, up by Rs.85.30 or 15.52% from its previous closing of Rs.549.60 on the NSE. The scrip opened at Rs.572.80 & has touched a high & low of Rs.639.50 and Rs.561.10 respectively. So far 2,38,05,782 (NSE) shares were traded on the counter. The current market cap of the company is Rs.32,172.63 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.902.50 on 01-August-2017 & a 52 week low of Rs.537.25 on 19-July-2018.

SouthBank is currently trading at Rs.18.40, down by Rs.4.10 or 18.22% from its previous closing of Rs.22.50 on the NSE. The scrip opened at Rs.20.50 & has touched a high and low of Rs.20.50 & Rs.18.25 respectively. So far 7,69,65,162 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,365.67 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.34.75 on 09-January-2018 and a 52 week low of Rs.18.25 on 25-July-2018.

In the last hour of trade, selling continued in the market as Sensex was down 130 points while Nifty struggled below 11,000. The market ended on a lower note due to selling pressure. In the sectoral indices, major cuts seen in metal, realty, auto, FMCG & banking while IT index was the only sectoral index gainer. Nifty midcap index underperformed frontline indices on todays trade, dipped 1.05%. Sensex closed 146.52 points down at 36,373.44, Nifty down by 27.60 points at 10,980.45.

Top Gainers

IBULHSGFIN by 4.03% to Rs.1,199.05, ONGC by 2.66% to Rs.160.30, BPCL by 2.25% to Rs.401.50, HindPetro by 1.78%to Rs.286.30, IOC by 1.61% to Rs.167.10.

Top Losers

Tata Steel by -5.33% to Rs.504,00, Hindalco by -3.01% to Rs.212.90, VEDL by -2.95% to Rs.203.90, UPL by -2.54% to Rs.556.50, Tata Motors by -2.48% to Rs.251.55.

Analysis Of Top Gainer And Loser

Indiabulls Housing Finance is the top gainer in today's market as strong buying was seen in the stock. The company will report its Q1 Fy18-19 result on 2nd August 2018, which expected to be in a better side.

Tata Steel is the top loser in today's market as strong selling continued to witnessed in metal & steel stocks due to fear of trade war tension between Us & China where US growth looked better but China slowed down.

Key Market News

U.S. factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related disruption at an auto parts supplier, Federal Reserve data showed Tuesday. Factory output rose 0.8% (est. 0.7% gain) after falling a revised 1% (prev. 0.7% drop). Total industrial production, which also includes mines and utilities, increased 0.6% (est. 0.5% rise) after a revised 0.5% decrease.

The finance ministry on Tuesday approved an infusion of Rs.11,336 crore in five state-owned lenders including PNB, Corporation Bank and Andhra Bank to help them meet the regulatory capital requirement, sources said. This is the first ever capital infusion in the current fiscal and the remaining amount of Rs.53,664 crore would be disbursed during the course of the year. These banks have come under pressure because of interest paid to their bondholders of Additional Tier 1 (AT-1) bonds, the sources said.

Stocks To Watch

Bandhan Bank Ltd. is on the upside while Ashok Leyland Ltd. is on the downside.

Bandhan Bank is currently trading at Rs.599.00, up by Rs.36.25 or 6.44% from its previous closing of Rs.562.75 on the NSE. The scrip opened at Rs.564.00 & has touched a high & low of Rs.607.70 and Rs.564.00 respectively. So far 55,18,147 (NSE) shares were traded on the counter. The current market cap of the company is Rs.71,586.19 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.607.70 on 18-July-2018 & a 52 week low of Rs.455 on 27-March-2018.

Ashok Leyland is currently trading at Rs.110.45, down by Rs.18.10 or 14.08% from its previous closing of Rs.128.55 on the NSE. The scrip opened at Rs.129.75 & has touched a high and low of Rs.129.75 & Rs.109.30 respectively. So far 12,33,56,257 (NSE) shares were traded on the counter. The current market cap of the company is Rs.32,462.51 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.167.50 on 08-May-2018 and a 52 week low of Rs.98.60 on 11-August-2017.

HindPetro by 7.15% to Rs.283.25, IOC by 4.89% to Rs.165.20, BPCL by 3.07% to Rs.393.95, Hindalco by 3.03%to Rs.219.50, Axis Bank by 3.01% to Rs.537.80.

Top Losers

Hindustan Unilever by -3.61% to Rs.1,688, Bharti Airtel by -1.40% to Rs.342.55, Dr. Reddy by -1.14% to Rs.2,070, Tech Mahindra by -1.11% to Rs.650.00, Eicher Motors by -1.00% to Rs.27,149.80.

Analysis Of Top Gainer And Loser

Hindustan Petroleum is the top gainer in today's market as oil prices fell for a 2nd day on Tuesday as worries about possible disruptions to supply eased & as investors focused on potential damage to global growth from the festering Sino-US trade spat. The Brent crude traded near $72 a barrel today.

Hindustan Unilever is the top loser in today's market after the company reported its quarterly result yesterday. Numbers were in line with expectations as revenue grew by 11.2%, Net profit rose 19.2% while volume growth stood at 12%.

Key Market News

The International Monetary Fund (IMF) has cut Indias GDP growth forecast by 10 basis points to 7.3% in the year 2019 and by 30 basis points to 7.5% in 2020, as the international body expects the central bank to tighten the monetary policy faster. The IMF said that rising oil prices, which have hit local demand coupled with fears of trade war could impact Indias GDP growth in both years. Anticipating inflationary risks, the Reserve Bank of India, in its June Monetary Policy meeting, hiked the repo rate by 25 bps to 6.25% for the first time in four-and-a-half years.

US retail sales rose solidly in June as household boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in the second quarter, Reuters reported. The Commerce Department said on Monday retail sales increased 0.5% last month while data for May was revised to show sales rising 1.3%, the largest since September 2017, the report suggested.

The Benchmark indices began the day on a flat note as Sensex was down 30 points & Nifty fell 18 points. The equity market slipped further as Sensex fell 60 points while Nifty slipped below 11K. Baring IT & FMCG all sectoral indices traded in red led by Pharma, metal, realty, banking & financials fell 0.5% to 3%. Nifty midcap index underperformed frontliners, was down over 1.5%.

In the afternoon session, the market continued the downward trend as Sensex was down 50 points while Nifty below 11K. Nifty IT & FMCG remained in green while all other sectoral indices traded in red with pharma, metal, realty, media, banking & financial fell 0.6% to 3.40%. Nifty midcap index was down 305 points.

Tech Mahindra by 2.58% to Rs.657.60, NTPC by 1.44% to Rs.155.15, Infosys by 1.41% to Rs.1,336, Yes Bank by 1.01%to Rs.379.80, Hindustan Unilever by 0.99% to Rs.1,759.95.

Top Losers

Dr. Reddy by -9.43% to Rs.2,083, Tata Steel by -7.12% to Rs.518.85, Lupin by -5.73% to Rs.816.00, Sun Pharma by -4.62% to Rs.533.90, Tata Motors by -4.02% to Rs.253.00.

Analysis Of Top Gainer And Loser

Tech Mahindra is the top gainer in today's market as some sort of a buying was seen in the stock ahead of Q1 FY19 earnings.

Dr Reddy is the top loser in today's market after the New Jersey District Court converted a temporary injunction into a preliminary injunction against the company that prevents it from launching generic Suboxone in the US market until patent litigation related to US Patent No. 9,931,305 is concluded.

Key Market News

India's wholesale inflation grew 5.77% in June driven by some food items and fuel prices, latest price data released by the commerce and industry ministry showed. WPI witnessed a growth of 4.43% in May and 0.90% in June 2017. Wholesale inflation rate, measured by Wholesale Price Index, is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices. The data for the month of April has been revised to 3.62% from 3.18% earlier.

Chinas economy expanded at a slower pace in the second quarter as Beijings efforts to contain debt hurt activity, while June factory output growth weakened to a 2 year low in a worrying sign for investment and exporters as a trade war with the US intensified. The worlds second-largest economy grew 6.7% in the last quarter year-on-year - matching expectations & looks set to meet the official 2018 growth target of around 6.5%, though the trade row with Washington, a slowing property market and lower shipments have sharply increased the risks to the outlook.

Stocks To Watch

Indraprastha Gas Ltd. is on the upside while DCB Bank Ltd. is on the downside.

IGL is currently trading at Rs.263.70, up by Rs.10.80 or 4.27% from its previous closing of Rs.252.90 on the NSE. The scrip opened at Rs.253.90 & has touched a high & low of Rs.264.50 and Rs.252.35 respectively. So far 53,20,621 (NSE) shares were traded on the counter. The current market cap of the company is Rs.18,410.02 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.344.90 on 01-January-2018 & a 52 week low of Rs.222.82 on 14-July-2017.

DCB Bank is currently trading at Rs.159.60, down by Rs.19.70 or 10.99% from its previous closing of Rs.179.30 on the NSE. The scrip opened at Rs.176.00 & has touched a high and low of Rs.176.00 & Rs.159.25 respectively. So far 1,03,42,053 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,988.93 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.206.50 on 09-January-2018 and a 52 week low of Rs.155.05 on 08-March-2018.

Sensex Ends At All-Time High Led By Reliance; Nifty Above 11K

The Benchmark indices began on a green note as Sensex hit all-time high level as it rose 200 points & Nifty reclaimed the 11,000 mark. The equity market extended gains as Sensex surged over 300 points while Nifty back above 11,050. Baring IT & media all sectoral indices traded in green led banking & financials, metal, pharma & auto. The Nifty midcap index also traded in line with indices, surged 0.80%.

In the afternoon session, the market was off days high as Sensex was up over 300 points while Nifty held the 11,000 mark. The Nifty Midcap index saw some cooling off from the days high points, was down half a percent, while banking & financials, energy, and pharmaceuticals were the top gainers.

In the last hour of trade, the market continued to trade higher as Sensex was up 320 points while Nifty above 11,000 mark. The market closed the session on a strong note. Banking & financials, FMCG & Reliance led the rally while realty, auto, media & metal capped gains. Nifty midcap index underperformed the market, fell 81 points. Sensex closed 282.48 points up at 36,548.41, Nifty up by 74.90 points at 11,023.20.

Top Gainers

Reliance by 4.05% to Rs.1,080.90, BPCL by 2.89% to Rs.377.10, Bajaj Finance by 2.62% to Rs.2,417.20, Wipro by 2.46%to Rs.278.80, Bajaj Finserv by 2.40% to Rs.6,261.

Top Losers

UPL by -4.21% to Rs.578.05, VEDL by -2.87% to Rs.211.85, Bajaj Auto by -2.04% to Rs.3,097.15, Infosys by -1.97% to Rs.1,295, Grasim by -1.82% to Rs.961.00.

Analysis Of Top Gainer And Loser

Reliance is the top gainer in today's market as many international brokerages have given a thumbs up to the stock. Companys market cap. crossed $100 billion in todays trade & become second Indian company after TCS.

UPL is the top loser in today's market as strong selling pressure continued in the stock.

Key Market News

Chinese and U.S. officials have raised the prospect of resuming talks over trade between the two nations after President Donald Trump ratcheted up the pressure by announcing a huge new round of potential tariffs. After the U.S. unveiled a list of Chinese imports worth $200 billion that could face higher duties, Chinas Vice Minister of Commerce Wang Shouwen said: when we have a trade problem, we should talk about it. While that came amid fresh threats of retaliation from Beijing, it matches some willingness from the Trump team to resume talks at a high level, according to a person familiar with the administrations thinking.

India has become the world's sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017. India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France. India's economy rebounded strongly from July 2017. India, with around 1.34 billion inhabitants, is poised to become the world's most populous nation, whereas the French population stands at 67 million. This means that India's per capita GDP continues to amount to just a fraction of that of France which is still roughly 20 times higher, according to World Bank figures.

Stocks To Watch

Balrampur Chini Mills Ltd. is on the upside while 8K Miles Software Services Ltd. is on the downside.

Balrampur Chini is currently trading at Rs.68.65, up by Rs.4.35 or 6.77% from its previous closing of Rs.64.30 on the NSE. The scrip opened at Rs.64.20 & has touched a high & low of Rs.68.90 and Rs.63.90 respectively. So far 1,05,43,383 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,587.58 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.182.50 on 13-September-2017 & a 52 week low of Rs.58.70 on 16-May-2018.

8K Miles is currently trading at Rs.340.80, down by Rs.37.85 or 10.00% from its previous closing of Rs.378.65 on the NSE. The scrip opened at Rs.378.90 & has touched a high and low of Rs.382.40 & Rs.340.80 respectively. So far 13,08,183 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,041.11 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,029.95 on 29-November-2017 and a 52 week low of Rs.313.80 on 03-July-2018.

The Benchmark indices began the day on a flat note as Sensex held 36K & Nifty near 10,950 led by TCS. The equity market continued to trade flat as Sensex was down 10 points while Nifty below 10,950. Nifty IT index surged over 1% followed by FMCG & realty while metal & PSU bank fell 1-2%. Nifty midcap index also witnessed selling pressure, was down 70 points.

In the afternoon session, the market extended gains from flat as Sensex rose over 50 points while Nifty above 10,950. On sectorial indices front, selling pressure in PSU banks, metals and auto names, while IT stocks continued to stand tall. The Nifty midcap index is down around 0.40 percent.

In the last hour of trade, the market continued to trade higher Sensex rose nearly 100 points while Nifty hold above 10,950 levels. The market remained choppy but ended with slight gains. Nifty IT index rose over 2% while metal fell over 3% followed by PSU bank, auto & pharma space. Nifty midcap index underperformed the market, dipped half a percent on weak market breadth. Sensex closed 26.31 points up at 36,265.93, Nifty up by 1.05 points at 10,948.30.

Top Gainers

TCS by 5.06% to Rs.1,970, Infratel by 3.18% to Rs.315.00, Bajaj Auto by 2.43% to Rs.3,169, Hindustan Unilever by 1.83%to Rs.1,717.90, Reliance by 1.39% to Rs.1,040.

Top Losers

UPL by -5.40% to Rs.602.70, Coal India by -4.67% to Rs.265.45, Hindalco by -3.67% to Rs.220.65, VEDL by -3.47% to Rs.218.20, Tata Motors by -2.78% to Rs.267.80.

Analysis Of Top Gainer And Loser

TCS is the top gainer in today's market as the company profit grew 6.3% & revenue 6.8% sequentially, backed by recovery in banking vertical and maintaining momentum in industry verticals.

The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10% tariffs on an extra $200 billion worth of Chinese imports. The administration released a wide-ranging list of Chinese goods it proposes be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tires, dog and cat food, and consumer electronics including TV. components. Last week, Washington imposed 25% tariffs on $34 billion of Chinese imports, and Beijing responded immediately with matching tariffs on the same amount of U.S. exports to China.

Tata Consultancy Services Ltd.s profit grew more than estimated as its North America business bounced back and recovery in its banking vertical continued. Net profit rose 6.3 percent sequentially to Rs.7,340 crore for the quarter ended June, TCS said in its filing with the stock exchanges. The bottom line surpassed the Rs.6,957 crore consensus estimate of analysts tracked by Bloomberg.

Stocks To Watch

Adani Enterprises Ltd. is on the upside while Sterlite Technologies Ltd. is on the downside.

Adani Enterprises is currently trading at Rs.123.80, up by Rs.9.70 or 8.50% from its previous closing of Rs.114.10 on the NSE. The scrip opened at Rs.114.50 & has touched a high & low of Rs.125.50 and Rs.114.10 respectively. So far 2,65,82,477 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,632.15 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.223.50 on 14-February-2018 & a 52 week low of Rs.100.85 on 02-July-2018.

Sterlite Tech. is currently trading at Rs.308.10, down by Rs.19.15 or 5.85% from its previous closing of Rs.327.25 on the NSE. The scrip opened at Rs.329.35 & has touched a high and low of Rs.332.00 & Rs.306.10 respectively. So far 24,62,787 (NSE) shares were traded on the counter. The current market cap of the company is Rs.12,460.00 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.415.00 on 24-January-2018 and a 52 week low of Rs.154.85 on 10-July-2017.

In the afternoon session, the market rallied further as Sensex surged over 250 points while Nifty topped 10,850. All sectoral indices were traded in the green with Metal, Pharma, Bank and Auto gained 1-1.5% followed by Realty, FMCG, IT. Nifty midcap index continued to outperformed indices, rose 1.30%.

Asian Paint by 3.00% to Rs.1,362.80, Yes Bank by 2.91% to Rs.362.85, Dr. Reddy by 2.69% to Rs.2,330.10, VEDL by 2.69%to Rs.225.00, HCL Tech by 2.02% to Rs.963.00.

Top Losers

ULTRACEMCO by -1.57% to Rs.3,892.10, TCS by -1.50% to Rs.1,884.20, Titan by -1.16% to Rs.820.00, HDFC by -0.60% to Rs.1,905.40, Hero Motocorp by -0.55% to Rs.3,616.95.

Analysis Of Top Gainer And Loser

Asian Paints is the top gainer in today's market on the back of heavy volume. Board will consider first quarterly result on 24th July 2018.

Ultratech Cement is the top loser in today's market as some short of selling pressure was seen in the stock.

Key Market News

US adds 213,000 jobs in June, better than expected, but wage growth is light. The employment part of the economy continued to power forward in June, adding another 213,000 jobs though the unemployment rate rose to 4%, according to a government report Friday. Economists surveyed by Reuters had expected a nonfarm payrolls gain of 195,000 and the jobless rate to hold steady at 3.8%, which had been tied for the lowest since 1969. Another solid month of job gains provided little help to wages. In addition to the payroll gains, average hourly earnings rose 2.7% year over year, a bit below expectations of a 2.8% increase.

Cyrus Mistry lost the legal battle against Tata Sons Ltd. as the company law tribunal rejected all his allegations and ruled that the parent of Indias largest conglomerate had the right to remove him as its chairman. The NCLT found no merit in Mistrys allegations of operational mismanagement and oppression of minority shareholder. The court also found no merit in Mistrys argument that Ratan Tata and Tata Sons trustee NA Soonawala interfered in the governance of Tata Sons, according to the bench headed who had heard both the parties for nearly 4 months between October and February.

Stocks To Watch

Hexaware Ltd. is on the upside while AU Small Finance Bank Ltd. is on the downside.

Hexaware is currently trading at Rs.553.80, up by Rs.103.45 or 22.97% from its previous closing of Rs.450.35 on the NSE. The scrip opened at Rs.450.35 & has touched a high & low of Rs.557.70 and Rs.449.45 respectively. So far 67,47,445 (NSE) shares were traded on the counter. The current market cap of the company is Rs.15,107.98 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.557.70 on 09-July-2018 & a 52 week low of Rs.206.00 on 07-July-2017.

AUBank is currently trading at Rs.634.70, down by Rs.44.65 or 6.57% from its previous closing of Rs.679.35 on the NSE. The scrip opened at Rs.664.80 & has touched a high and low of Rs.664.80 & Rs.629.00 respectively. So far 10,83,555 (NSE) shares were traded on the counter. The current market cap of the company is Rs.18,253.60 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.748.40 on 27-April-2018 and a 52 week low of Rs.496.25 on 07-August-2017.

In afternoon the session, the market continued to trade lower as Sensex fell over 50 points while Nifty hold 10,750. Nifty IT, metal & realty was down over 15 while FMCG rose 1% followed by Pvt. banks & financials capped the losses. Nifty midcap index underperformed the market, fell nearly half a percent.

In the last hour of trade, the market continued to be rangebound as Sensex was down 100 points while Nifty below 10,750. The market remained choppy but ended marginally lower. FMCG, Pvt. bank supported the market while Reliance, IT, metal, pharma & realty stocks dragged the market. Nifty midcap index underperformed frontliners closed 128 points lower. Sensex closed 70.85 points down at 35,574.55, Nifty down by 20.15 points at 10,749.75.

Top Gainers

Yes Bank by 3.89% to Rs.348.60, ULTRACEMCO by 3.86% to Rs.3,936.85, ITC by 3.16% to Rs.272.75, Asian Paint by 2.65%to Rs.1,324, Coal India by 2.61% to Rs.271.25.

Top Losers

Titan by -5.70% to Rs.836.00, Infosys by -4.36% to Rs.1,286.50, VEDL by -3.88% to Rs.219.20, Reliance by -2.57% to Rs.964.65, Sun Pharma by -2% to Rs.567.70.

Analysis Of Top Gainer And Loser

Yes Bank is the top gainer in today's market as bank received a final approval from SEBI to start its mutual fund business after RBIs clearance.

Titan is the top loser in today's market after the company said its jewellery sales were impacted due to a decline in gold imports in June.

Key Market News

25 nations on global banks high risk List

China, UAE, Cyprus and significantly, Mauritius, along with 21 other countries have been tagged as high-risk jurisdictions by global banks acting as custodians for foreign funds which comprise the largest group of investors in the Indian stock market. Large investors and beneficial owners of these funds entering India through these high-risk jurisdictions will face close scrutiny while NRIs and persons of Indian origin will run in.

The United States is "opening fire" on the world with its threatened tariffs, the Chinese government warned on Thursday, saying Beijing will respond the instant US measures go into effect as the two locked horns in a bitter trade war. The Trump administration's tariffs on $34 billion of Chinese imports are due to go into effect from Friday. US President Donald Trump has threatened to escalate the trade conflict with tariffs on as much as a total of $450 billion in Chinese goods if Beijing retaliates, with the row roiling financial markets including stocks, currencies and global trade of commodities from soybeans to coal.

Stocks To Watch

GATI Ltd. is on the upside while IDBI Bank Ltd. is on the downside.

GATI is currently trading at Rs.84.90, up by Rs.6.30 or 8.02% from its previous closing of Rs.78.60 on the NSE. The scrip opened at Rs.78.80 & has touched a high & low of Rs.85.40 and Rs.78.80 respectively. So far 25,59,567 (NSE) shares were traded on the counter. The current market cap of the company is Rs.911.57 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.154.45 on 17-January-2018 & a 52 week low of Rs.73.25 on 28-June-2018.

IDBI Bank is currently trading at Rs.47.55, down by Rs.4.20 or 8.12% from its previous closing of Rs.51.75 on the NSE. The scrip opened at Rs.52.00 & has touched a high and low of Rs.52.20 & Rs.47.00 respectively. So far 2,32,35,615 (NSE) shares were traded on the counter. The current market cap of the company is Rs.20,132.43 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.91.50 on 05-March-2018 and a 52 week low of Rs.47.00 on 05-July-2018.

In last hour of trade market rallied further as Sensex surged over 250 points while Nifty back above 10,750 levels. The market closed on a strong note led by Govt. clearance of MSP. Baring IT, media & PSU bank all sectoral indices closed in green led by auto, banking, financial & pharma while Nifty midcap index gained 26 points. Sensex closed 266.80 points up at 35,645.40, Nifty up by 70 points at 10,769.90.

Top Gainers

Bajaj Auto by 4.42% to Rs.2,988.80, Lupin by 3.86% to Rs.938.00, Maruti Suzuki by 2.78% to Rs.9,224.95, Bajaj Finserv by 2.55%to Rs.6,035, HDFC by 2.30% to Rs.1,922.85.

Top Losers

HindPetro by -2.59% to Rs.252.15, Grasim by -2.01% to Rs.966.00, Cipla by -1.98% to Rs.627.75, NTPC by -1.58% to Rs.152.55, VEDL by -1.32% to Rs.228.00.

Analysis Of Top Gainer And Loser

Bajaj Auto is the top gainer in today's market after the companys total sales grew 65% YoY at 404,429 units in June 2018, due to strong domestic performance in 2W and 3W segment led by new launches and healthy export 3W sales.

HindPetro is the top loser in today's market as crude oil prices remained higher due to uncertainty over production capacity.

Key Market News

Activity in India's service industry rebounded in June from a mild contraction the prior month, a private survey showed, expanding at its quickest pace in a year on the back of a surge in new business orders. The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 52.6 last month, its highest since June 2017, from 49.6 in May. The 50-mark separates growth from contraction. The recovery in services firms' activity, along with a robust pace of manufacturing growth reported on Monday lifted the composite PMI to 53.3, its highest level since October 2016.

The Union Cabinet on Wednesday approved the proposal to hike the Minimum Support Price (MSP) for Kharif crops, which was made in the Budget 2018 by Finance Minister Arun Jaitley. The MSP for paddy has been raised by around Rs.250 per quintal. The hike in MSP is one of the measures taken by the Narendra Modi government to end farmers woes in the country. In the Budget, the govt. proposed to hike MSP to one-and-half times of the procurement cost.

Stocks To Watch

Kiri Industries Ltd. is on the upside while Shriram Transport Finance Company Ltd. is on the downside.
Kiri Industries is currently trading at Rs.639.00, up by Rs.62.05 or 10.75% from its previous closing of Rs.576.95 on the NSE. The scrip opened at Rs.675.00 & has touched a high & low of Rs.682.35 and Rs.615.55 respectively. So far 26,99,461 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,012.21 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.682.35 on 04-July-2018 & a 52 week low of Rs.230.00 on 11-August-2017.

Shriram Transport Finance is currently trading at Rs.1,145, down by Rs.152.00 or 11.72% from its previous closing of Rs.1,297 on the NSE. The scrip opened at Rs.1,224.05 & has touched a high and low of Rs.1,224.05 & Rs.1,048 respectively. So far 1,83,92,412 (NSE) shares were traded on the counter. The current market cap of the company is Rs.25,976.82 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,668.75 on 27-April-2018 and a 52 week low of Rs.917.70 on 10-August-2017.

In afternoon session market continued to hold gains as Sensex rose nearly 100 points while Nifty near 10,700 followed further recovery in Chinas & positive start in European market. Nifty pharma, IT , auto & Reliance hold the market while banks & pharma capped the gains. Nifty midcap index was up 0.38%.

Cipla by 4.21% to Rs.643.00, Bajaj Finserv by 2.06% to Rs.5,897.55, Maruti Suzuki by 1.90% to Rs.8,988.75, Lupin by 1.87%to Rs.906.10, Sun Pharma by 1.69% to Rs.572.65.

Top Losers

VEDL by -3.69% to Rs.231.00, Infratel by -2.48% to Rs.291.50, ICICI Bank by -1.50% to Rs.273.25, HDFC by -0.79% to Rs.1,882.05, Ultratech Cement by -2.58% to Rs.1,113.

Analysis Of Top Gainer And Loser

Cipla is the top gainer in today's market as strong buying has been seen in the stock. Last month Pharma sector outperformed indices.

VEDL is the top loser in today's market as Vedanta Resources plc will delist from the LSE after promoter group made a cash offer to buyout about 33% of the public shareholding in the company.

Key Market News

China's exports to the United States in June rose 3.8% from a year earlier in yuan terms, 23.8% points lower than the growth rate seen a year earlier, the country's customs agency said late on Monday. For the first half of this year, customs said China's exports to the United States rose 5.4% from a year earlier compared with 19.3% for same period in 2017. The customs agency did not provide exact values for June and January-June exports or say how exports to the U S fared in dollar-denominated terms.

Unfavourable base effect, along with lower production of steel, crude oil & cement decelerated India's eight major industries' output in May 2018, official data showed on Monday. According to the Ministry of Commerce & Industry, the Index of Eight Core Industries (ECI) had risen by 3.6% during the month under review slower than the rise of 4.6% in April & 3.9% in May 2017. "The combined Index of ECI stands at 131.4 in May 2018, which was 3.6% higher as compared to the index of May, 2017," the ministry said in a statement. Its cumulative growth during April to May, 2018-19 was 4.1%.

Stocks To Watch

Tata Coffee Ltd. is on the upside while 8K Miles Software Services Ltd. is on the downside.Tata Coffee is currently trading at Rs.126.00, up by Rs.14.10 or 12.60% from its previous closing of Rs.111.90 on the NSE. The scrip opened at Rs.112.00 & has touched a high & low of Rs.134.00 and Rs.110.50 respectively. So far 67,44,878 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,359.84 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.183.50 on 29-November-2017 & a 52 week low of Rs.109.15 on 22-May-2018.

8K Miles is currently trading at Rs.314.50, down by Rs.77.70 or 19.81% from its previous closing of Rs.392.20 on the NSE. The scrip opened at Rs.340.00 & has touched a high and low of Rs.364.00 & Rs.313.80 respectively. So far 66,48,146 (NSE) shares were traded on the counter. The current market cap of the company is Rs.968.48 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,029.95 on 29-November-2017 and a 52 week low of Rs.313.80 on 03-July-2018.

Nifty midcap index also traded lower over 1%. In afternoon session market extended losses as Sensex fell 250 points while Nifty struggled below 10,650 ahead of tariff implementation. All sectoral indices continued to trade under selling pressure baring IT. Nifty midcap index continued to underperform frontliners, was down over 1%.

In last hour of trade market off days low as Sensex 160 points while Nifty hovered around 10,650. The market ended lower dragged by global weakness. Nifty IT & PSU bank closed in green but all the other sectors ended in red. Nifty midcap index closed lower by 117 points. Sensex closed 159.07 points down at 35,264.41, Nifty down by 57.00 points at 10,657.30.

Top Gainers

Infosys by 2.34% to Rs.1,337.80, Asian Paints by 2.26% to Rs.1,293, Titan by 1.79% to Rs.894.25, UPL by 0.90%to Rs.624.40, Bajaj Auto by 0.81% to Rs.2,833.

Top Losers

Bharti Airtel by -3.52% to Rs.368.50, NTPC by -3.51% to Rs.154.05, Hindalco by -3.45% to Rs.222.55, Adani Ports by -2.85% to Rs.362.50, IBULHSGFIN by -2.58% to Rs.1,113.

Analysis Of Top Gainer And Loser

Infosys is the top gainer in today's market as strong buying has been in the stock & most of the brokerage houses has initiated buy in the stock. Also rupee depreciation will benefit IT companies.

Bharti Airtel is the top loser in today's market as selling pressure was seen in the stock as telecom index cracked nearly 3%.

Key Market News

Activity in Indias manufacturing sector gathered momentum, improving at the fastest pace in the year so far, supported by the strength in output and new orders. The Nikkei India Purchasing Managers Index improved to 53.1 in June from 51.2 in the previous month, according to a statement by IHS Markit, which compiles the index. A reading below 50 indicates contraction in activity, while a number above it signals expansion. Manufacturing activity in the country has remained above the 50-point-mark for the eleventh consecutive month.

The government has collected Rs 95,610 crore from goods and services tax (GST) in June, finance secretary Hasmukh Adhia said on Sunday, asserting that the new tax measure has settled down well and has hardly had any adverse impact on inflation. impact on inflation. GST collection in previous month of May was Rs.94,016 crore and monthly average in the last financial year was Rs.89,885 crore. Receipts from GST had crossed the Rs 1-lakh-crore mark in April due to the fiscal year-end effect and experts say that receipts may again spike in the months ahead as compliance rises and evasion is plugged.

Stocks To Watch

CG Power & Industrial Solution Ltd. is on the upside while Jindal Steel & Power Ltd. is on the downside.

CG Power is currently trading at Rs.58.75, up by Rs.2.80 or 5% from its previous closing of Rs.55.95 on the NSE. The scrip opened at Rs.56.00 & has touched a high & low of Rs.59.40 and Rs.55.50 respectively. So far 1,12,80,059 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,778.39 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.99.15 on 12-January-2018 & a 52 week low of Rs.46.75 on 27-June-2018.

Jindal Steel is currently trading at Rs.205.70, down by Rs.17.35 or 7.78% from its previous closing of Rs.223.05 on the NSE. The scrip opened at Rs.223.00 & has touched a high and low of Rs.223.15 & Rs.203.15 respectively. So far 1,69,30,391 (NSE) shares were traded on the counter. The current market cap of the company is Rs.20,036.49 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.294.30 on 23-January-2018 and a 52 week low of Rs.114.50 on 11-August-2017.

Nifty Ends June Series Below 10,600 As Rupee Down To All-Time Low

The Benchmark indices started mildly lower as Sensex shed 45 points & Nifty below 10,650 as Rupee fell to an all-time low. The equity market continued to trade lower as Sensex fell over 100 points while Nifty struggled below 10,650. All sectoral indices traded in red led by Realty, Banking & financials, and pharma as well. Nifty midcap index underperformed frontliners, was down 1%.

In the afternoon session, the market remained under selling pressure as Sensex fell 100 points while Nifty below 10,650. Weakness was dragged by Reliance, banking & financials, realty & media while metal traded in green. Nifty midcap continued to bleed in the market, was down over 1.5%.

NTPC by 1.76% to Rs.156.50, KotakBank by 1.62% to Rs.1,345.70, M&M by 1.61% to Rs.907.00, Hindalco by 1.45%to Rs.221.05, Bharti Airtel by 1.42% to Rs.381.00.

Top Losers

Tech Mahindra by -7.04% to Rs.664.00, HindPetro by -4.72% to Rs.261.15, Titan by -4.04% to Rs.834.50, IBULHSGFIN by -3.98% to Rs.1,134, BPCL by -3.68% to Rs.368.70.

Analysis Of Top Gainer And Loser

NTPC is the top gainer in today's market as some sort of a buying has been seen in the stock.

Tech Mahindra is the top loser in today's market as strong selling pressure was seen in the stock despite rupee depreciation against the dollar which cracked at the all-time low. Yesterday stock rose over 4%.

Key Market News

The Indian rupee fell to a lifetime low in the trade as a confluence of factors ranging from a stronger dollar, to higher oil prices, a wider current account deficit and foreign portfolio outflows pushed the currency lower. The rupee fell to 69.09 in intraday trade compared to yesterdays close of 68.63. The previous all-time intraday low for the rupee is 68.86 against the dollara level hit on Nov. 24, 2016. The all-time closing low stands at 68.82, breached on Aug. 28, 2013. So far this year, the Indian currency has weakened 8.1 percent, making it the worst performer in Asia.

Annual growth in Japanese retail sales slowed in May to its lowest in seven months, adding to worries about weak consumer spending that caused a first-quarter economic contraction. The 0.6 percent annual increase in retail sales in May was weaker than the median estimate for a 0.9 percent annual gain, following a revised 1.5 percent increase in April. Mays result marked the slowest growth since a 0.2 percent decline last October.

Stocks To Watch

CG Power & Industrial Solution Ltd. is on the upside while Jain Irrigation Ltd. is on the downside.

CG Power is currently trading at Rs.55.75, up by Rs.5.55 or 11.06% from its previous closing of Rs.250.0 on the NSE. The scrip opened at Rs.50.55 & has touched a high & low of Rs.56.20 and Rs.49.45 respectively. So far 3,44,45,737 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,566.69 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.99.15 on 12-January-2018 & a 52 week low of Rs.46.75 on 27-June-2018.

Jain Irrigation is currently trading at Rs.78.45, down by Rs.8.40 or 9.67% from its previous closing of Rs.86.85 on the NSE. The scrip opened at Rs.86.15 & has touched a high and low of Rs.86.25 & Rs.78.25 respectively. So far 1,57,47,355 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,963.48 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.150.40 on 29-January-2018 and a 52 week low of Rs.78.25 on 28-June-2018.

The Benchmark indices opened flat as Sensex rose 40 points & Nifty above 10,750, amid weakness in Asian peers. The equity market continued to consolidate as Sensex was down 50 points while Nifty fell below 10,750 ahead of F&O expiry. Nifty IT index rose over 1% while all other indices traded in red led by banking, metal, realty & auto. Nifty midcap index was down over 1%.

In the afternoon session, the market extended losses as Sensex fell over 200 points while Nifty breached 10,700. Except IT, which trimmed gains to half a percent, all sectoral indices traded in red led by banking, OMCs, realty, media, auto & financial. Nifty midcap underperformed the market, fell over 1.5%.

Tech Mahindra by 4.12% to Rs.716.20, Infratel by 2.41% to Rs.300.00, HCL Tech by 1.27% to Rs.922.00, HDFC Bank by 1.01%to Rs.2,114.90, Cipla by 1.00% to Rs.605.50.

Top Losers

BPCL by -8.33% to Rs.380.65, HindPetro by -7.87% to Rs.275.55, IOC by -6.83% to Rs.155.40, GAIL by -4.61% to Rs.326.00, UPL by -3.41% to Rs.618.00.

Analysis Of Top Gainer And Loser

Tech Mahindra is the top gainer in today's market as Dollar's strong performance in the past two weeks may have made the Indian Rupee weaker, but amid escalating trade and tariff-based concerns, this strengthening is a sunshine for the Indian technology industry.

BPCL is the top loser in today's market as oil prices continued to rise as the US pressed its allies to end all imports of Iranian oil by a November deadline and said it didnt want to offer any extensions.

Key Market News

Profits at China's industrial firms rose sharply in May, maintaining the previous month's sizzling pace despite signs of slowing momentum in the world's second-largest economy and an intensifying trade spat with the United States. Beijing is trying to walk a tightrope between supporting economic growth and tamping down financial risks, with policymakers freeing up more funds for lending by cutting required reserve levels for banks twice since April. The latest cut came on Sunday as authorities moved fast to temper any potential drag on growth from the heated Sino-US trade dispute.

Oil prices rose on Wednesday following supply disruptions in Libya and Canada and after US officials told oil importers to stop buying Iranian crude from November. The United States demanded all countries stop imports of Iranian oil from November, a State Department official said on Tuesday. Oil markets did not react more strongly to Washington's pressure as the move was expected. In addition, top exporter Saudi Arabia plans to raise output to make up for lost supplies.

Stocks To Watch

EID Parry India Ltd. is on the upside while NBCC Ltd. is on the downside.

EID Parry is currently trading at Rs.218.60, up by Rs.13.05 or 6.35% from its previous closing of Rs.205.55 on the NSE. The scrip opened at Rs.206.10 & has touched a high & low of Rs.227.80 and Rs.206.10 respectively. So far 10,20,558 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,900.08 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.392.00 on 05-January-2018 & a 52 week low of Rs.204.10 on 26-June-2018.

NBCC is currently trading at Rs.72.65, down by Rs.7.25 or 9.07% from its previous closing of Rs.79.90 on the NSE. The scrip opened at Rs.80.50 & has touched a high and low of Rs.80.50 & Rs.71.95 respectively. So far 1,13,76,776 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,284 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.291.30 on 08-November-2017 and a 52 week low of Rs.71.95 on 27-June-2018.

In the afternoon session, the market erased all its gain & traded flat as Sensex was up 15 points while Nifty held 10,750. Nifty FMCG, IT & Media supported the market while metal, auto, realty capped the gains. Nifty midcap index continued to underperform frontline indices, was down 0.30%.

In last hour of trade, the market traded mildly higher as Sensex rose 120 points while Nifty near 10,800. The market closed flat after consolidation. Nifty FMCG, IT space supported the market while Reliance, auto & realty capped the market gains. Nifty Midcap index underperformed the market, was down 39 points. Sensex closed 19.69 points up at 35,490.04, Nifty up by 6.70 points at 10,769.15.

Top Gainers

Grasim by 2.93% to Rs.1,036, Coal India by 2.36% to Rs.265.10, Ultratech Cement by 2.21% to Rs.3,835, Hindalco by 2.15%to Rs.223.10, Asian Paints by 2.02% to Rs.1,278.75.

Top Losers

Tata Motors by -4.44% to Rs.276.55, Reliance by -2.63% to Rs.978.00, Cipla by -1.89% to Rs.599.85, Tata Steel by -1.83% to Rs.548.40, Bajaj Finserv by -1.65% to Rs.6,064.15.

Analysis Of Top Gainer And Loser

Grasim is the top gainer in today's market as strong buying was seen in the stock. Cement sector has underperformed market last year.

Tata Motors is the top loser in today's market despite company's strong investment in JLR for Rs.1.2 lakh in next three years.

Key Market News

As many as 41.26 lakh new jobs were created in the eight months between September 2017 and April 2018, with the largest-ever addition of 6.85 lakh in April alone as per the payroll data from the EPFO (Employees' Provident Fund Organisation), says Central Statistics Office (CSO). EPFO's data showed that April payroll number was the highest in the last eight months, indicating higher jobs creations than preceding 7 months. In the month of April, the maximum new payrolls of 1.87 lakh were recorded in the age bracket of 18 to 21 years followed by 1.80 lakh in 22 to 25 years bracket.

Prime Minister Narendra Modi on Tuesday pitched for greater long-term investment from multilateral development lender Asian Infrastructure Investment Bank (AIIB), spelt out Indias sound macroeconomic fundamentals and investor-friendly rules and regulations for businesses. He called upon the Beijing-headquartered bank to quadruple its financing to reach $40 billion by 2020 and escalate it 25 times to $100 billion by 2025. AIIB has already committed to invest in seven projects worth USD 1.4 billion towards infrastructure projects in India.

Stocks To Watch

Avanti Feeds Ltd. is on the upside while IDBI Bank Ltd. is on the downside.

Avanti Feeds is currently trading at Rs.599.00, up by Rs.77.90 or 14.95% from its previous closing of Rs.1,563.35 on the NSE. The scrip opened at Rs.538.00 & has touched a high & low of Rs.625.30 and Rs.535.95 respectively. So far 45,46,290 (NSE) shares were traded on the counter. The current market cap of the company is Rs.8,242.18 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.980.00 on 13-November-2017 & a 52 week low of Rs.411.67 on 05-June-2018.

IDBI Bank is currently trading at Rs.54.45, down by Rs.3.55 or 6.12% from its previous closing of Rs.58.00 on the NSE. The scrip opened at Rs.58.45 & has touched a high and low of Rs.58.45 & Rs.53.75 respectively. So far 2,07,23,625 (NSE) shares were traded on the counter. The current market cap of the company is Rs.22,787.48 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.91.50 on 05-March-2018 and a 52 week low of Rs.50.20 on 14-August-2017.

The Benchmark indices began the week on a flat note as Sensex down 20 points & Nifty hold 10,800. The equity market traded lower as Sensex fell 70 points while Nifty traded above 10,800. Nifty auto, banking & financials dragged the market while IT, pharma & metal prevented the market from further losses. The nifty midcap index gave up all the gains, was down 20 points.

In the afternoon session, the market corrected further as Sensex fell over 100 points while Nifty tested the 10,800 level. Nifty auto, PSU bank fell over 1% followed by realty & media also metal erased gains while IT & pharma continued to outperform the market. Nifty midcap index still traded in green territory.

In last hour of trade, the market extended losses as Sensex dipped 190 points while Nifty struggled below 10,800. The market ended at days low. Baring IT space, all other sectoral indices closed lower with 0.4% to 2% cut. Nifty Midcap index also fell in line with frontliners, was down 101 points. Sensex closed 219.25 points down at 35,470.35, Nifty down by 59.40 points at 10,762.45.

Top Gainers

ULTRACEMCO by 2.65% to Rs.3,737.55, Bajaj Finance by 2.10% to Rs.2,385.05, Infosys by 1.75% to Rs.1,269.70, Infratel by 1.66%to Rs.290.75, Lupin by 1.34% to Rs.915.00.

Top Losers

Tata Motors by -6.31% to Rs.288.55, HindPetro by -3.99% to Rs.298.75, ICICI Bank by -3.64% to Rs.289.70, BPCL by -3.37% to Rs.412.00, Coal India by -2.78% to Rs.257.50.

Analysis Of Top Gainer And Loser

Ultratech Cement is the top gainer in today's market as the news said that Binani Cements acquisition can make Ultratech market leader in North India.

Tata Motors is the top loser in today's market as caution gripped investors due to auto tariff threat by the US as well as weak JLR trends as well.

Key Market News

Brent crude oil prices continued to fall as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday. OPEC and non-OPEC partners including Russia have since 2017 cut output by 1.8 million barrels per day (bpd) to tighten the market and prop up prices. Several ministers suggested that (rises) would correspond to a 0.7 million bpd increase in production," said US bank Goldman Sachs following the announcement of the agreement, although it added that were risks "that Iran production may be even lower than we assume" and that its output could fall further due to looming US sanctions.

The Monsoon session of Parliament would be held from July 18 to August 10. It will comprise 18 working days, reported ANI. Several amendments to the Goods and Services Tax law are likely to be placed before Parliament in the Monsoon Session, a senior official said today in Kolkata. There are several amendments to the GST which is proposed to come up during the Monsoon Session of Parliament, GST Council Special Secretary Arun Goyal said at a seminar organised by the Merchants Chamber of Commerce.

Stocks To Watch

PNB Housing Finance Ltd. is on the upside while KRBL Ltd. is on the downside.

PNB Housing is currently trading at Rs.1,225, up by Rs.152.45 or 14.21% from its previous closing of Rs.1,072.55 on the NSE. The scrip opened at Rs.1,111 & has touched a high & low of Rs.1,244 and Rs.1,105 respectively. So far 36,96,280 (NSE) shares were traded on the counter. The current market cap of the company is Rs.20,484.03 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,717.65 on 30-August-2017 & a 52 week low of Rs.1,051 on 22-June-2018.

KRBL is currently trading at Rs.374.95, down by Rs.93.70 or 19.99% from its previous closing of Rs.468.65 on the NSE. The scrip opened at Rs.468.55 & has touched a high and low of Rs.468.55 & Rs.374.95 respectively. So far 56,28,769 (NSE) shares were traded on the counter. The current market cap of the company is Rs.8,797.70 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.675.00 on 02-November-2017 and a 52 week low of Rs.371.15 on 30-June-2017.

The Market Resumes Decline; Nifty Below 10,750 Ahead Of OPEC Outcome

The Benchmark indices started on a positive note as Sensex gained 90 points & Nifty near 10,800 amid positive Asian cues. The equity market traded rangebound as Investors monitor developments between US & China trade war. Heavyweights like Reliance, ICICI bank supported the market while PSU bank, FMCG & Auro remained under pressure. The midcap index also traded in the red.

In the afternoon session, the market continued to be rangebound as Sensex was up 30 points while Nifty above 10,750. Reliance, ICICI bank & financial stocks supported the market while PSU bank, pharma, FMCG & auto stocks bleeding. Nifty midcap index also fell third of a percent.

IOC by 4.02% to Rs.172.05, BPCL by 3.73% to Rs.426.00, HindPetro by 3.41% to Rs.318.40, ICICI Bank by 1.62%to Rs.297.95, Reliance by 1.21% to Rs.1,031.60.

Top Losers

M&M by -2.36% to Rs.883.10, Infratel by -2.23% to Rs.278.95, Dr. Reddy by -2.10% to Rs.2,318, Titan by -1.95% to Rs.871.00, Sun Pharma by -1.90% to Rs.553.40.

Analysis Of Top Gainer And Loser

IOC is the top gainer in today's market as Brent crude oil prices fell over 2% in the international market ahead of OPEC meet outcome due tomorrow.

M&M is the top loser in today's market as some selling pressure was seen in the stock as Auto sector underperformed in todays market.

Key Market News

All six members of Indias monetary policy committee agreed that interest rates needed to be increased to counter oil-driven price pressures and expectations of higher inflation in the future, show minutes of the June 6 meeting. The committee had voted unanimously to hike the benchmark repo rate by 25 basis points to 6.25% at the meet. This was the first rate hike in over four years. While there was a consensus that the time for a rate hike had come, there was also agreement among most members that the uncertain global and domestic environment justified a neutral stance. This would allow the committee to respond to emerging growth and inflation dynamics.

The global trade war deepened Thursday with China reiterating it will hit back if the latest tariff threats from Donald Trump materialise, while India followed the European Union in slapping retaliatory levies on U.S. goods. India raised tariffs on a slew of items in retaliation for the U.S. imposing higher levies on some products shipped from the South Asian nation, echoing steps taken by China, the European Union and other trading partners.

Stocks To Watch

Zen Technologies Ltd. is on the upside while Balrampur Chini Mills Ltd. is on the downside.

ZenTech is currently trading at Rs.109.00, up by Rs.6.95 or 6.81% from its previous closing of Rs.102.05 on the NSE. The scrip opened at Rs.104.00 & has touched a high & low of Rs.115.40 and Rs.97.45 respectively. So far 40,22,102 (NSE) shares were traded on the counter. The current market cap of the company is Rs.968.84 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.158.75 on 01-January-2018 & a 52 week low of Rs.46.45 on 28-September-2017.

Balrampur Chini is currently trading at Rs.67.20, down by Rs.4.05 or 5.68% from its previous closing of Rs.71.25 on the NSE. The scrip opened at Rs.71.15 & has touched a high and low of Rs.71.35 & Rs.67.00 respectively. So far 60,78,918 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,539.61 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.182.50 on 13-September-2017 and a 52 week low of Rs.58.70 on 16-May-2018.

In the afternoon session, the market traded at days high as Sensex surged over 200 points while Nifty above 10,750 amid a recovery in global peers. Heavyweights like Reliance Industries, HDFC twin, Realty, a private bank and financial traded strong while FMCG & IT traded in the red. Nifty Midcap index rose 75 points.

In last hour of trade, the market extended gain as Sensex rallied 250 points while Nifty well above 10,750 level. The market rebounded sharply followed by a rally in global peers amid heightened fears of a trade war between US & China. Reliance, HDFC twin, banking, financials, realty and metal led the rally while IT & FMCG remained weak. Nifty midcap index also rose half a percent. Sensex closed 260.59 points up at 35,547.33, Nifty up by 61.60 points at 10,772.05.

Top Gainers

Reliance by 2.32% to Rs.1,019.20, IndusInd Bank by 2.20% to Rs.1,974, Tata Steel by 1.89% to Rs.565.50, Kotak Mahindra Bank by 1.75%to Rs.1,326, VEDL by 1.72% to Rs.228.15.

Top Losers

UPL by -3.28% to Rs.625.00, HindPetro by -1.65% to Rs.307.85, IOC by -1.51% to Rs.166.05, ONGC by -1.37% to Rs.162.55, Tech Mahindra by -1.30% to Rs.908.45.

Analysis Of Top Gainer And Loser

Reliance Industries is the top gainer in today's market as strong buying was seen in the stock. The stock rose 13 times in past 15 sessions.

UPL is the top loser in today's market as the UPL-led consortium is in exclusive talks to acquire Bill Ackman-backed Platform Specialty Products Corp (Bloomberg).

Key Market News

The RBI today tightened norms for Liberalised Remittance Scheme (LRS) by making quoting of the permanent account number (PAN) mandatory even for transactions below USD 25,000. Under the LRS, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year for any permissible current or capital account transaction or a combination of both. Individuals can avail of foreign exchange facility within the limit of USD 2,50,000 only.

OPEC ministers arrived in Vienna today for crunch talks on whether to reverse a landmark pact curbing oil output, with Iran pushing back against Saudi and Russian calls to ramp up production again. The upcoming June 22-23 meetings of OPEC and non-OPEC energy ministers are set to be the most contentious in a while, with several countries bristling at the thought of reversing a deal that has been in place for 18 months and helped lift oil prices to multi-year highs. However, Riyadh, which cheered Washington's exit from the nuclear deal, is under pressure from its US ally to boost output as Trump hopes to keep pump prices low ahead of November midterm elections.

Stocks To Watch

Jai Corp Ltd. is on the upside while InterGlobe Aviation Ltd. is on the downside.

Jai Corp is currently trading at Rs.153.85, up by Rs.15.80 or 11.45% from its previous closing of Rs.138.05 on the NSE. The scrip opened at Rs.139.00 & has touched a high & low of Rs.158.85 and Rs.136.25 respectively. So far 1,34,44,680 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,765.07 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.223.30 on 11-January-2018 & a 52 week low of Rs.68.25 on 11-August-2017.

InterGlobe is currently trading at Rs.1,136.45, down by Rs.92.20 or 7.50% from its previous closing of Rs.1,228.65 on the NSE. The scrip opened at Rs.1,221 & has touched a high and low of Rs.1,221 & Rs.1,126.35 respectively. So far 27,27,498 (NSE) shares were traded on the counter. The current market cap of the company is Rs.43,674.38 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,520 on 20-April-2018 and a 52 week low of Rs.1,022 on 25-September-2017.

Sensex, Nifty Down For Second Day As Trade War Intensifies

The Benchmark indices started on a negative note as Sensex fell 100 points & Nifty fell 32 points followed weakness in Asian peers. The equity market extended losses as Sensex was down nearly 200 points while Nifty below 10,750 amid tariff war concern. All sectoral indices traded in red led by PSU Bank, Realty, Metal, IT, Auto & FMCG. Nifty midcap index also was down over 1%.

In the afternoon session, the market traded near days low as Sensex dropped over 200 points while Nifty continued to trade below 10,750, amid weakness in global peers. Nifty IT, Metal, PSU Bank, Realty & Auto indices fell over 1% while Nifty midcap index underperformed frontliners, was down 1.22%.

In the last hour of trade, sell-off continued in the market as Sensex was down 250 points while Nifty dropped near 10,700. The market closed sharply lower amid weakness in global peers on US-China trade war. All sectoral indices closed in red led by IT, metal, auto, realty & PSU banks which fell over 1% while midcap index underperformed frontliners was down 228 points. Sensex closed 261.52 points down at 35,286.74, Nifty down by 89.40 points at 10,710.45.

Top Gainers

Bajaj Finance by 1.17% to Rs.2,269.45, GAIL by 1.14% to Rs.341.95, ITC by 0.59% to Rs.266.10, HDFC by 0.46%to Rs.1,832, Power Grid by 0.23% to Rs.199.10.

Top Losers

VEDL by -3.51% to Rs.224.05, IOC by -3.05% to Rs.168.60, HindPetro by -3.03% to Rs.312.35, UPL by -2.64% to Rs.674.00, M&M by -2.29% to Rs.893.00.

Analysis Of Top Gainer And Loser

Bajaj Finance is the top gainer in today's market as strong buying continued to be seen in the stock on the back of strong coverage from brokerage firms.

Vedanta (VEDL) is the top loser in today's market despite inclusion in Sensex benchmark. Also, profit booking continued to be seen in the stock.

Key Market News

US President Donald Trump escalated a growing trade war with China by unveiling plans today to impose 10% tariffs on an additional USD 200 billion worth of Chinese goods. With the world's two largest economies already engaged in a confrontation long feared by markets and industry, Trump said he was pushing forward with fresh punitive measures over Beijing's "unacceptable" move to raise its own tariffs. "Further action must be taken to encourage China to change its unfair practices, open its market to United States goods and accept a more balanced trade relationship with the United States," Trump said in a statement.

The National Stock Exchange today said a final decision is expected by the first week of February 2019 on the arbitration proceedings with Singapore Exchange regarding the launch of new derivative products linked to its indices. Both bourses are locked in a tussle after Singapore Exchange, in April, announced the listing of new Indian equity derivative products from June. Last week, an arbitral tribunal restrained the SGX from launching any new derivative products linked to NSE's indices. However, it allowed continuation of existing SGX-Nifty contracts.

Stocks To Watch

Mahindra Lifespace Developers Ltd. is on the upside while Firstsource Solutions Ltd. is on the downside.

Mahindra Lifespace is currently trading at Rs.635.50, up by Rs.64.10 or 11.22% from its previous closing of Rs.571.40 on the NSE. The scrip opened at Rs.574.20 & has touched a high & low of Rs.659 and Rs.561 respectively. So far 11,54,087 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,297.68 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.659 on 19-June-2018 & a 52 week low of Rs.396.55 on 11-August-2017.

FSL is currently trading at Rs.74.50, down by Rs.4.75 or 5.99% from its previous closing of Rs.79.25 on the NSE. The scrip opened at Rs.78.85 & has touched a high and low of Rs.78.85 & Rs.73.55 respectively. So far 82,17,321 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,125.39 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.83.90 on 13-June-2018 and a 52 week low of Rs.31.50 on 28-June-2017.

In afternoon session market continued to be rangebound as Sensex was down 20 points while Nifty hold 10,800 despite weakness in global market. OMCs, Auto & some Pvt. bank supported market while metal fell over 2%. Nifty Midcap index underperformed frontliners was down 70 points.

In last hour of trade market remained lower as Sensex down 30 points while Nifty hold 10,800. The market ended mildly lower after consolidation even as global peers under pressure on escalated trade war between U.S. & China. Metal, technology stocks dragged the market while OMCs, some pvt. bank & auto stocks supported the market. Nifty midcap index fell 66 points. Sensex closed 73.88 points down at 35,548.26, Nifty down by 17.85 points at 10,799.85.

Top Gainers

HindPetro by 4.78% to Rs.321.00, ICICI Bank by 4.07% to Rs.294.00, IOC by 3.61% to Rs.173.80, Dr. Reddy by 2.27%to Rs.2,403.20, BPCL by 2.24% to Rs.441.50.

Top Losers

Hindalco by -2.97% to Rs.230.35, VEDL by -2.95% to Rs.231.55, Bharti Airtel by -2.31% to Rs.369.50, Kotak Bank by -2.01% to Rs.1,313, Bajaj Finance by -1.92% to Rs.2,239.65.

Analysis Of Top Gainer And Loser

HindPetro is the top gainer in today's market after crude oil price fell for second day in a row ahead of OPEC meet to discuss whether to relax oil output caps.

Hindalco is the top loser in today's market on escalated trade tariff war between the two of the biggest economic country in world U.S. & China.

Key Market News

President Donald Trump has approved tariffs on Chinese goods worth about $50 billion, said a person familiar with the decision, ratcheting up a confrontation on trade with Beijing and triggering losses in the domestic stock market. The U.S. is also nearing completion of a second list of products ordered by Trump, worth $100 billion, which would be subject to the same public hearing process as the first, Reuters reported on Friday. In reply China also threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month.

In the wake of questionable credit discipline shown by Indian corporate borrowers, the RBI is leaving no stone unturned to instil some discipline through the banks it regulates. The latest proposal by the central bank through a draft guideline is to make all borrowers enjoying working capital limit in excess of Rs.150 crore to compulsorily borrow through the demand loan route for at least 40% of the limit before touching other modes like cash credit, overdraft, bill discounting etc.

Stocks To Watch

Indo Count Industries Ltd. is on the upside while Torrent Power Ltd. is on the downside.

Indo Count is currently trading at Rs.76.35, up by Rs.8.35 or 12.28% from its previous closing of Rs.68.00 on the NSE. The scrip opened at Rs.68.00 & has touched a high & low of Rs.78.75 and Rs.67.25 respectively. So far 35,65,131 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,517.02 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.187.40 on 22-June-2017 & a 52 week low of Rs.67.20 on 06-June-2018.

Torrent Power is currently trading at Rs.239.75, down by Rs.13.85 or 5.46% from its previous closing of Rs.253.60 on the NSE. The scrip opened at Rs.253.00 & has touched a high and low of Rs.253.55 & Rs.239.25 respectively. So far 13,69,497 (NSE) shares were traded on the counter. The current market cap of the company is Rs.11,575.66 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.307.35 on 22-January-2018 and a 52 week low of Rs.171.50 on 27-June-2017.

In afternoon session market continued to trade lower as Sensex was down 160 points while Nifty struggled below 10,800. Nifty pharma traded higher by 1.35% while all sectoral indices traded in red led by IT, banking & financials and metal. Nifty midcap index was also down by 0.21%.

In last hour of trade market off its day low as Sensex was down 100 points while Nifty back above 10,800. The market ended lower as investors looked cautious ahead of ECB policy decision. Nifty pharma rose 1.83% while all sectoral indices traded under pressure led by IT & banks. Nifty midcap closed in green. Sensex closed 139.34 points down at 35,599.82, Nifty down by 48.65 points at 10,808.05.

Top Gainers

Lupin by 3.57% to Rs.903, Sun Pharma by 2.44% to Rs.559.65, HCL Tech by 1.33% to Rs.936, Cipla by 1.32%to Rs.589.80, Yes Bank by 2.44% to Rs.336.50.

Top Losers

Tech Mahindra by -2.16% to Rs.698.40, Adani Ports by -2.15% to Rs.374.60, TCS by -2.15% to Rs.1,784.95, IBULHSGFIN by -2.14% to Rs.1,184.20, IOC by -2.06% to Rs.171.50.

Analysis Of Top Gainer And Loser

Lupin is the top gainer in today's market as company received USFDA approval for pregnancy prevention tablets. The said tablets are the generic equivalent of Bayer's Beyaz Tablets and indicated for use by women to prevent pregnancy.

Tech Mahindra is the top loser in today's market after labour union posted a release on its website claiming that 1,500 employees were laid off at Tech Mahindra, without due processes being followed.

Key Market News

Wholesale prices rose to their highest level in 14 months in May. WPI inflation in May rose 4.43% on higher fuel and power prices, according to data shared by Ministry of Commerce and Industry. The WPI was higher than the Bloomberg estimate of 4% and 3.18% in April. Core inflation at 4.4% versus 3.6% (MoM). Food inflation at 1.12% versus 0.67% (MoM). March inflation WPI revised to 2.74% from 2.47%. Fuel, power inflation at 11.22% versus 7.85 percent (MoM). Manufactured product inflation at 3.73% versus 3.11% (MoM).

Indias current account deficit widened in the fourth quarter of 2017-18 compared to a year ago on account of a higher trade gap. The current account deficit stood at $13 billion or 1.9% of GDP in the January-March 2018 period, showed data released by the Reserve Bank of India today. This is significantly higher than the current account deficit of 0.4% of GDP in the fourth quarter of 2016-17, but marginally lower than the gap of 2.1% of GDP in the preceding October-December 2017 quarter.

Stocks To Watch

Jubilant Industries Ltd. is on the upside while Mindtree Ltd. is on the downside.

Jubilant Industries is currently trading at Rs.200, up by Rs.31.25 or 18.52% from its previous closing of Rs.168.75 on the NSE. The scrip opened at Rs.176 & has touched a high & low of Rs.202.50 and Rs.175.80 respectively. So far 27,19,908 (NSE) shares were traded on the counter. The current market cap of the company is Rs.235.82 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.291.90 on 14-July-2017 & a 52 week low of Rs.130.70 on 06-June-2018.

Mindtree is currently trading at Rs.994.05, down by Rs.34.70 or 3.37% from its previous closing of Rs.1,028.75 on the NSE. The scrip opened at Rs.1,020.05 & has touched a high and low of Rs.1,023.40 & Rs.985.10 respectively. So far 22,27,827 (NSE) shares were traded on the counter. The current market cap of the company is Rs.16,290.18 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,101.20 on 02-May-2018 and a 52 week low of Rs.439.05 on 08-september-2017.

The Market Ends At 4-Month's High; Nifty Near 10,850

The Benchmark indices started on a mildly higher note as Sensex was up 40 points & Nifty held the 10,800 mark. The equity market extended morning gains as Sensex rose 170 points while Nifty eyed 10,850. Except for realty & metal all sectoral indices traded in green led by pharma, banks & FMCG while Nifty midcap index also traded higher by half a percent.

In the afternoon session, the market remained strong as Sensex surged nearly 200 points while Nifty hovered around 10,850. Strong buying was seen in pharma, banking, FMCG & IT stocks while metal & realty remained under pressure. The Nifty midcap index traded at par with the frontliners, was up over half a per cent.

In last hour of trade, the market extended gains as Sensex rose over 200 points while Nifty traded near 10,850. The market ended at days high. Baring metal all sectoral indices ended in green led by PSU banks, pharma, FMCG & IT while midcap index also closed strong, was up by 0.85%. Sensex closed 209.05 points up at 35,692.52, Nifty up by 55.90 points at 10,842.85.

Top Gainers

Lupin by 6.38% to Rs.861.15, Dr. Reddy by 5.37% to Rs.2,195, SBIN by 3.65% to Rs.284.00, IndusInd Bank by 2.53% to Rs.1,953, HUL by 2.44% to Rs.1,640.40.

Top Losers

Bharti Airtel by -2.15% to Rs.380.45, Hindalco by -1.63% to Rs.240.70, Tata Steel by -1.54% to Rs.579.60, Eicher Motors by -1.50% to Rs.29,231.70, Coal India by -1.37% to Rs.283.95.

Analysis Of Top Gainer And Loser

Lupin is the top gainer in today's market as strong buying was seen in the stock. Pharma stocks have underperformed market last year.

Bharti Airtel is the top loser in today's market after merger talks between its Kenyan unit and Telkom Kenya fell through. Telkom Kenya is controlled by the London based Helios Investment and is mainly focused on Africa.

Key Market News

President Donald Trump and North Korean leader Kim Jong Un have signed a joint document in which they commit to working "toward complete denuclearization of the Korean Peninsula." The document signed by the leaders at the historic summit on Tuesday also says they will join efforts "to build a lasting and stable peace regime" in the Korean Peninsula. India also welcomes the United States - DPRK Summit held in Singapore. "This is a positive development. India has always supported all efforts to bring about peace and stability in the Korean Peninsula through dialogue and diplomacy," says the Ministry of External Affairs.

The Reserve Bank today issued draft guidelines on loan system for delivery of bank credit to improve discipline among larger borrowers enjoying working capital facility from the banking system. "In respect of borrowers having aggregate fund based working capital limit of Rs.150 crore and above from the banking system, a minimum level of loan component of 40 percent shall be effective from October 1, 2018," said the draft guidelines as RBI proposes to modify the system for delivery of bank credit for large borrowers.

Stocks To Watch

DCM Shriram Ltd. is on the upside while Manpasand Beverages Ltd. is on the downside.

DCM Shriram is currently trading at Rs.304.00, up by Rs.32.50 or 11.97% from its previous closing of Rs.271.50 on the NSE. The scrip opened at Rs.283.00 & has touched a high & low of Rs.308.80 and Rs.279.00 respectively. So far 27,19,203 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,041.80 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.628.00 on 19-December-2017 & a 52 week low of Rs.237.00 on 15-May-2018.

Manpasand is currently trading at Rs.155.65, down by Rs.8.15 or 4.98% from its previous closing of Rs.163.80 on the NSE. The scrip opened at Rs.164.05 & has touched a high and low of Rs.165.95 & Rs.155.65 respectively. So far 12,79,730 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,778.75 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.512.00 on 15-September-2017 and a 52 week low of Rs.155.65 on 12-June-2018.

Market Closes In Green Ahead Of Inflation Data, Nifty Below 10,800

The Benchmark indices began the week on a good note as Sensex rose 50 points & Nifty near 10,800. The equity market witnessed good gains as Sensex rose over 150 points while Nifty above 10,800. The midcap index traded strong, was up almost a per cent on strong market breadth, while sectoral indices such as PSU banks, pharma, infra and energy were the biggest gainers.

In the afternoon session, the market continued to trade strongly as Sensex surged over 200 points while Nifty inched towards 10,850. All sectoral indices traded in green led by banks, pharma, FMCG & auto stocks while Nifty midcap index also traded in line with frontliners, was up 0.70%.

In last hour of trade, the market traded off days high as Sensex was up 100 points while Nifty slipped below 10,800. The market erased all its morning gains due to selling pressure. Except for metal & realty, all sectoral indices closed in green while midcap index closed ted lower due to profit booking. Sensex closed 39.80 points up at 35,483.47, Nifty up by 19.30 points at 10,786.95.

Top Gainers

Bharti Airtel by 3.17% to Rs.389.50, Bajaj Finance by 2.89% to Rs.2,250, Grasim by 1.89% to Rs.1,048, Ultratech cement by 1.85% to Rs.3,784, ZEEL by 1.40% to Rs.565.15.

Top Losers

Tata Steel by -2.26% to Rs.586.95, UPL by -2.09% to Rs.698.00, HCL Tech by -2.02% to Rs.909.95, PowerGrid by -1.14% to Rs.195.65, IOC by -1.09% to Rs.173.10.

Analysis Of Top Gainer And Loser

Bharti Airtel is the top gainer in today's market as companys revenue market share rose for the first time in 3 quarters rose 116 basis points to 29.1% in the quarter ended March.

Tata Steel is the top loser in today's market after Elliott Capital Management urged ThyssenKrupp AG to negotiate a better steel joint venture with Tata Steel Ltd. increasing pressure on the German companys management to deliver more favourable terms.

Key Market News

Indias retail inflation jumped further in May to a four-month high, primarily driven by a surge in energy prices, according to a Reuters poll of economists, suggesting more policy tightening from the central bank is coming. If that predicted pace is realised, May will be the seventh month in a row with inflation higher than the RBIs medium-term target of 4%. Poll forecasts for the data, due to be released on Tuesday 12 June at 5.30pm, ranged from 4.1% to 5.7%. The poll also showed the wholesale prices index likely hit a six-month high of 3.82% in May.

Jai Corp Ltd. is on the upside while Gujarat State Petronet Ltd. is on the downside.

Jai Corp is currently trading at Rs.149.25, up by Rs.24.85 or 19.98% from its previous closing of Rs.124.40 on the NSE. The scrip opened at Rs.124.65 & has touched a high & low of Rs.149.25 and Rs.124.10 respectively. So far 1,14,34,422 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,636.59 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.223.30 on 11-January-2018 & a 52 week low of Rs.68.25 on 11-August-2017.

GSPL is currently trading at Rs.182.50, down by Rs.8.10 or 4.25% from its previous closing of Rs.190.60 on the NSE. The scrip opened at Rs.187.70 & has touched a high and low of Rs.187.70 & Rs.182.30 respectively. So far 18,73,923 (NSE) shares were traded on the counter. The current market cap of the company is Rs.10,318.90 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.235.80 on 22-December-2017 and a 52 week low of Rs.154.75 on 10-July-2017.

In the last hour of trade, the market continued to trade strongly as Sensex traded above 35,500 while Nifty hovered around 10,800. The market ended on a positive note but off days high. All sectoral indices closed in green with 0.5% to 1.5% gains while midcap index rose 1.53%. Sensex closed 284.20 points up at 35,463.08, Nifty up by 83.70 points at 10,768.35.

Top Gainers

Tata Steel by 3.82% to Rs.601.90, Tata Motors by 3.08% to Rs.304.75, IBULHSGFIN by 2.83% to Rs.1,213.50, ICICI Bank by 2.52% to Rs.291.05, Axis Bank by 2.14% to Rs.542.75.

Top Losers

Titan by -1.38% to Rs.887.00, Eicher Motors by -1.08% to Rs.29,625, IndusInd Bank by -0.93% to Rs.1,902, Coal India by -0.64% to Rs.288.80, Lupin by -0.45% to Rs.766.60.

Analysis Of Top Gainer And Loser

Tata Steel is the top gainer in today's market as company joined the race for Usha Martins Jamshedpur facility, which was put on the block to pare some of the parent's debt.

Titan is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

The government should meet its fiscal deficit or excess of expenditures over revenues, target this financial year as its planned fiscal austerity measures are likely to fructify, according to the rating company Moodys, which last year upgraded Indias sovereign rating to Baa2, one notch above than the lowest investment grade rank. Although Moodys sees some downside risk to budgeted revenue and expenditure targets, it expects that the government would cut back on planned capital expenditure, as has occurred in past years, if it is needed to offset any slippage from its fiscal targets, says William Foster, a Moodys Vice President and Senior Credit Officer.

The Indian economy will see a robust GDP growth of 7.3% in 2018-19 and 7.5% for the next two as factors holding back growth in India fade, the World Bank has projected, allowing the country to retain the tag as the worlds fastest-growing major emerging economy. Growth in India is projected to advance 7.3% in FY 2018-19 (1 April 2018-31 March 2019) and 7.5% in FY2019-20, reflecting robust private consumption and strengthening investment, the bank said in its June 2018 edition of the Global Economic Prospect report.

Stocks To Watch

Phillips Carbon Black Ltd. is on the upside while Manpasand Beverages Ltd. is on the downside.

Phillips Carbon is currently trading at Rs.242.40, up by Rs.24.40 or 11.19% from its previous closing of Rs.218.00 on the NSE. The scrip opened at Rs.230.05 & has touched a high & low of Rs.251.40 and Rs.228.20 respectively. So far 63,32,086 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,157.65 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.318.80 on 09-January-2018 & a 52 week low of Rs.88.72 on 06-June-2017.

Manpasand is currently trading at Rs.164.65, down by Rs.8.65 or 4.99% from its previous closing of Rs.173.30 on the NSE. The scrip opened at Rs.171.10 & has touched a high and low of Rs.178.80 & Rs.164.65 respectively. So far 26,72,233 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,893.78 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.512.00 on 15-September-2017 and a 52 week low of Rs.164.65 on 07-June-2018.

Market Snapped 3-Day Losing Streak As RBI Maintains Neutral Stance

The Benchmark indices started the session on a flat note as Sensex was up 50 points & Nifty above 10,600 ahead of RBI policy outcome. The equity market extended gain as Sensex rose over 150 points while Nifty near 10,650. All sectoral indices traded in green led by Auto, PSU bank, Metal, Pharma, Realty & IT stocks while midcap index also witnessed strong spike was up nearly a percent.

In the afternoon session, the market extended gains as Sensex rose over 200 points while Nifty traded above 10,650. Among sectoral indices Auto, Metal, PSU bank & Media rose over 1% followed by Pharma, Realty, IT & FMCG index. Nifty midcap index also rose in line with frontliners was up 0.80%.

In the last hour of trade, the market rallied further as Sensex surged 300 points while Nifty near 10,700 after RBI hike rate. The market was driven by positive cues from MPCs policy meeting outcome. All sectoral indices closed in green led by PSU bank, Auto, Metal, Pharma, IT & FMCG while midcap index rose 1.42%. Sensex closed 275.67 points up at 35,178.88, Nifty up by 91.50 points at 10,684.65.

Top Gainers

Bharti Airtel by 4.50% to Rs.380.70, Titan by 4.40% to Rs.902.00, Tata Motors by 3.68% to Rs.295.45, Sun Pharma by 3.45% to Rs.489.85, Bajaj Finance by 3.22% to Rs.2,168.25.

Top Losers

HindPetro by -1.19% to Rs.311.00, TechM by -0.89% to Rs.695.00, Cipla by -0.69% to Rs.538.35, GAIL by -0.49% to Rs.333.05, Asian Paint by -0.44% to Rs.1,268.

Analysis Of Top Gainer And Loser

Bharti Airtel is the top gainer in today's market as the company is in talks with US telecom major Verizon for a broad partnership around the Internet of Things.

HindPetro is the top loser in today's market as some sort of selling pressure was seen in the stock.

Key Market News

The Reserve Bank of Indias MPC has, for the first time in four years, hiked key repo rate by 25 basis points (bps) to 6.25%. Some highlights:-

- Considering norms to prevent abuse in the markets that are regulated by the RBI.

The World Bank has projected a growth rate of 7.3% for India this year and 7.5% for the next two years, making it the fastest growing country among major emerging economies. A top World Bank official said India's economy is robust, resilient and has potential to deliver sustained growth. The report, released yesterday, is the global lender's flagship publication on the state of the world economy.

Stocks To Watch

Allahabad Bank is on the upside while Balrampur Chini Mills Ltd. is on the downside.

Allahabad Bank is currently trading at Rs.43.20, up by Rs.3.45 or 8.68% from its previous closing of Rs.39.75 on the NSE. The scrip opened at Rs.39.75 & has touched a high & low of Rs.43.70 and Rs.39.45 respectively. So far 1,04,80,287 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,646.27 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.89.00 on 26-October-2017 & a 52 week low of Rs.37.30 on 16-May-2018.

Balrampur Chini is currently trading at Rs.67.15, down by Rs.5.10 or 7.06% from its previous closing of Rs.72.25 on the NSE. The scrip opened at Rs.73.10 & has touched a high and low of Rs.75.50 & Rs.66.25 respectively. So far 2,89,67,482 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,535.04 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.182.50 on 13-September-2017 and a 52 week low of Rs.58.70 on 16-May-2018.

Sensex, Nifty Fell For Third Day Ahead Of RBI Policy Outcome

The Benchmark indices began the day on a flat note as Sensex fell 50 points & Nifty held 10,600. The equity market continued to struggle as Sensex was down 150 points while Nifty below 10,600. All sectoral indices traded in red led by metal, realty, pharma & IT stocks while midcap index underperformed frontliners as midcap was down over 1%.

In the afternoon session, the market continued to trade lower as Sensex was down over 100 points while Nifty struggled below 10,600. All the sectoral indices traded in red as IT, pharma, realty, metal & some banks witnessed selling pressure. Meanwhile, midcap extended losses were down over 1.5%.

In last hour of trade, the market continued to trade under pressure as Sensex was down 120 points while Nifty traded below 10,600. The D-Street ended highly volatile day on a negative note ahead of RBI Policy due tomorrow. Baring financial services all sectoral indices closed in red led by IT, realty, metal & media while midcap ended lower by over a percent. Sensex closed 108.68 points down at 35,903.21, Nifty down by 35.35 points at 10,593.15.

Top Gainers

Cipla by 4.11% to Rs.542.10, Bajaj Finance by 2.49% to Rs.2,114.25, HindPetro by 1.76% to Rs.317.70, Tata Steel by 1.32% to Rs.573.65, Bajaj Finserv by 1.21% to Rs.5,817.95.

Top Losers

ZEEL by -3.08% to Rs.543.00, Titan by -2.41% to Rs.864.00, Bharti Airtel by -2.11% to Rs.364.45, Coal India by -2.00% to Rs.286.75, L&T by -1.83% to Rs.1,333.05.

Analysis Of Top Gainer And Loser

Cipla is the top gainer in today's market as Cipla has initiated INNOVENTIA that is envisioned to be the worlds biggest innovation challenge to crowdsource and incubate disruptive ideas in healthcare.

Zee Entertainment Enterprises is the top loser in today's market as selling pressure was seen in the stock.

Key Market News

Activity in Indias service industry shrank in May for the first time in three months as new orders stagnated, but business optimism was the highest since 2015 on expectations that demand will turn around, a business survey showed. The Nikkei/IHS Markit Services Purchasing Managers Index (PMI) fell to 49.6 in May from Aprils 51.4, sinking below the 50-mark that separates growth from contraction. While data last week showed Asias third-largest economy grew at its quickest pace in nearly two years, the latest PMI survey suggested it may have trouble maintaining that momentum.

Concerned over mounting cane arrears of more than Rs.22,000 crore, the government is likely to announce a bailout package of over Rs.7,000 crore to ensure cash-starved mills clear dues to farmers at the earliest, sources said. A decision in this regard is expected to be taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) scheduled today, the sources added.

Stocks To Watch

LT Foods Ltd. is on the upside while KEI Industries Ltd. is on the downside.

LT Foods is currently trading at Rs.67.60, up by Rs.4.85 or 7.73% from its previous closing of Rs.62.75 on the NSE. The scrip opened at Rs.62.80 & has touched a high & low of Rs.69.40 and Rs.61.40 respectively. So far 20,06,040 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,174.94 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.110.00 on 08-January-2018 & a 52 week low of Rs.55.45 on 11-August-2017.

KEI Industries is currently trading at Rs.388.00, down by Rs.64.45 or 14.62% from its previous closing of Rs.454.45 on the NSE. The scrip opened at Rs.445.45 & has touched a high and low of Rs.451.90 & Rs.371.15 respectively. So far 22,41,228 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,043.56 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.496.00 on 30-May-2018 and a 52 week low of Rs.206.00 on 01-August-2017.

In the last hour of trade, the market extended losses as Sensex fell over 150 points while Nifty fell below 10,650. The market ended sharply lower. Banking, financial & realty index fell 1-3% while IT & Metal ended in green. Nifty midcap index underperformed frontliners, shed over a percent. Sensex closed 215.37 points down at 35,011.89, Nifty down by 67.70 points at 10,628.50.

Top Gainers

Dr. Reddy by 2.40% to Rs.1,988, Infosys by 1.65% to Rs.1,241, Lupin by 1.37% to Rs.774.95, Hindalco by 1.30% to Rs.241.60, M&M by 1.26% to Rs.913.00.

Top Losers

IBULHSGFIN by -4.49% to Rs.1,177.95, HDFC Bank by -3.11% to Rs.2,045, Bharti Airtel by -2.74% to Rs.373.20, Adani Ports by -2.35% to Rs.378.50, Infratel by -2.20% to Rs.294.05.

Analysis Of Top Gainer And Loser

Dr. Reddy is the top gainer in today's market after Srikakulam plant cleared by the US health regulator. The pharma major informed exchanges that the audit of API Srikakulam Plant (SEZ), Andhra Pradesh by the US Food and Drug Administration has been completed with no observations.

IBULHSGFIN is the top loser in today's market as strong selling pressure was seen in the stock. As MPC meet started from today only for the future interest rate decision & commentary will be a significant event for banks & NBFCs.

Key Market News

Reserve Bank of Indias (RBI) monetary policy committee (MPC) is likely to keep policy rates unchanged on Wednesday but may raise them at its next meeting in August, say economists. Of the 15 economists surveyed by Mint, 11 expect the central bank to keep the repo ratethe rate at which the central bank infuses liquidity in the banking systemunchanged at 6%. Only four economists expect RBI to raise rates by 25 basis points (bps).

U.S. hiring rose more than forecast in May, wages picked up and unemployment rate matched the lowest in almost five decades, indicating the strong labour market will keep powering economic growth. Payrolls increased 2,23,000 following a revised 1,59,000 gain, Labor Department figures showed Friday. The median estimate of analysts surveyed by Bloomberg called for 1,90,000 jobs. Average hourly earnings increased 2.7% from a year earlier, more than projected, while the jobless rate fell to 3.8% from 3.9% to match April 2000 as the lowest since 1969.

Stocks To Watch

Anant Raj Ltd. is on the upside while PC Jeweller Ltd. is on the downside

Anant Raj is currently trading at Rs.44.90, up by Rs.3.45 or 8.49% from its previous closing of Rs.40.65 on the NSE. The scrip opened at Rs.42.00 & has touched a high & low of Rs.45.50 and Rs.42.00 respectively. So far 35,33,201 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,294 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.84.40 on 10-January-2018 & a 52 week low of Rs.38.70 on 01-June-2018.

PC Jeweller is currently trading at Rs.130.60, down by Rs.25.60 or 16.39% from its previous closing of Rs.156.20 on the NSE. The scrip opened at Rs.158.75 & has touched a high and low of Rs.159.40 & Rs.126.85 respectively. So far 5,00,42,802 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,124.65 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.600.65 on 16-January-2018 and a 52 week low of Rs.94.65 on 31-May-2018.

In the afternoon session, the market extended gains as Sensex rallied 200 points while Nifty continued to trade above 10,650. OMCs, Nifty Bank, Financial & IT indices traded at near day's high while Auto, Metal & Pharma traded under pressure. Nifty midcap underperformed frontliners, were down half a per cent.

In the last hour of trade, the market extended gains as Sensex surged over 400 points while Nifty traded above 10,700. The market closed sharply higher amid positive global cues & rally in HDFC Bank led the market higher. Banking & Financial index rose over 2% followed by IT while Pharma & realty traded under pressure. Sensex closed 416.27 points up at 35,322.38, Nifty up by 121.80 points at 10,736.15.

Top Gainers

Adani Ports by 5.10% to Rs.393.50, HDFC Bank by 4.65% to Rs.2,130, IndusInd Bank by 4.02% to Rs.1,960.60, Tech Mahindra by 3.16% to Rs.709.00, M&M by 2.90% to Rs.924.00.

Top Losers

Sun Pharma by -2.47% to Rs.482.35, Tata Motors by -1.99% to Rs.283.15, Dr. Reddy by -1.73% to Rs.1,927.85, Hero Motocorp by -1.43% to Rs.3,550, Hindalco by -1.32% to Rs.234.95.

Analysis Of Top Gainer And Loser

Adani Ports is the top gainer in today's market as strong buying was seen in the stock after a multiple block deals.

Sun Pharma is the top loser in today's market as some selling pressure was seen in the stock as most of the brokerage firms cut the target price despite strong Q4 result due to valuations & execution risk related to product business as the main reason.

Key Market News

Tax reforms are likely to expand revenue base in fast-growing economies like India but they will be most effective when accompanied by lowering of fiscal deficit and effective management of expenditure, Moody's Investors Service said today

It said most sovereigns have embarked on tax administration and compliance reforms, especially through the centralisation of multiple agencies and increased use of technology.Tax reforms are most likely to expand revenue bases in fast-growing economies with strengthening expenditure and debt management. These include the Philippines, India, Indonesia and Thailand, it said.

Stocks To Watch

City Union Bank Ltd. is on the upside while CG Power & Industrial Solutions Ltd. is on the downside.

Torrent Power is currently trading at Rs.196.15, up by Rs.12.95 or 7.07% from its previous closing of Rs.183.20 on the NSE. The scrip opened at Rs.183.55 & has touched a high & low of Rs.203.35 and Rs.183.55 respectively. So far 51,59,761 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,071.90 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.203.35 on 31-May-2018 & a 52 week low of Rs.147.00 on 28-September-2017.

CG Power is currently trading at Rs.60.55, down by Rs.16.25 or 21.16% from its previous closing of Rs.76.80 on the NSE. The scrip opened at Rs.76.05 & has touched a high and low of Rs.76.45 & Rs.60.50 respectively. So far 2,16,26,153 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,967.63 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.99.15 on 12-January-2018 and a 52 week low of Rs.60.50 on 31-May-2018.

In the afternoon session, the market erased all losses & traded flat as Sensex was down 20 points while Nifty traded above 10,600 as rupee recovered. All sectoral indices traded in red barring PSU bank. Nifty midcap also traded flat.

In the last hour of trade, the market remained under pressure as Sensex fell 70 points while Nifty held above 10,600. The market closed lower for the 2nd consecutive session. Almost all sectoral indices traded in red baring PSU bank. Pharma fell the most, was down over 1%. Nifty midcap fell 10 points. Sensex closed 43.13 points down at 34,906.11, Nifty down by 18.95 points at 10,614.35.

Top Gainers

M&M by 2.79% to Rs.894.50, Bajaj Finance by 2.55% to Rs.2,130, Coal India by 2.27% to Rs.288.75, Yes Bank by 1.73% to Rs.343.90, Bajaj Finserv by 1.45% to Rs.5,973.

Top Losers

HindPetro by -2.78% to Rs.306.30, Hindalco by -1.98% to Rs.237.70, Grasim by -1.95% to Rs.1,037.15, Tata Motors by -1.93% to Rs.288.95, ICICI Bank by -1.69% to Rs.285.00.

Analysis Of Top Gainer And Loser

Mahindra & Mahindra is the top gainer in today's market as investors cheered quarterly number. The company is eyeing 13% volume growth with upcoming 3 new UVs. The company has also embarked with Rs.15,000 crore in for development of new models. Also, many brokerage firms initiated buy coverage in the stock.

HindPetro is the top loser in today's market as crude oil prices in the global market remain lower which can hurt margin of the company. Also, domestic diesel & petrol prices cut today after a rise for 16 days.

Key Market News

Rating agency Moodys on Wednesday said that it has cut Indias GDP growth forecast for the current year 2018 from 7.5% to 7.3%, as higher oil prices likely to weigh-in on countrys economic recovery pace. Moodys also showed concern over governments tight fiscal condition. The rating agency retained the GDP growth forecast for the current year 2019 at 7.5%. The US-based agency had upped Indias rating to Baa2 from Baa3 and changed its rating outlook to stable from positive, saying the reforms would help stabilise rising levels of debt.

The possibility of fresh general election and Eurosceptic political parties strengthen their vote share has raised concerns about stability in the Eurozone. The markets reacted to the ongoing political instability in the worlds eighth largest economy by nominal Gross Domestic Product (GDP). On March 4, Italians voted in the general election. Voters elected 630 members of the Chamber of Deputies and 315 elective members of the Senate of the Republic.

Stocks To Watch

Bodal Chemicals Ltd. is on the upside while Dilip Buildcon Ltd. is on the downside.

Bodal Chemicals is currently trading at Rs.148.90, up by Rs.14.10 or 10.46% from its previous closing of Rs.134.80 on the NSE. The scrip opened at Rs.133.00 & has touched a high & low of Rs.151.65 and Rs.133.00 respectively. So far 32,28,461 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,832.22 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.193.75 on 13-July-2017 & a 52 week low of Rs.109.85 on 26-March-2018.

Dilip Buildcon is currently trading at Rs.930.00, down by Rs.124.50 or 11.81% from its previous closing of Rs.1,054.50 on the NSE. The scrip opened at Rs.1,025 & has touched a high and low of Rs.1,029.90 & Rs.899.00 respectively. So far 47,65,564 (NSE) shares were traded on the counter. The current market cap of the company is Rs.12,549.99 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,247.50 on 15-May-2018 and a 52 week low of Rs.405.95 on 27-June-2017.

M&M by 2.94% to Rs.874.95, GAIL by 2.14% to Rs.343.60, HCL Tech by 1.62% to Rs.909.00, Bharti Airtel by 1.59% to Rs.381.10, IOC by 1.09% to Rs.172.30.

Top Losers

Analysis Of Top Gainer And Loser

Mahindra & Mahindra is the top gainer in today's market as March earnings beat analyst expectations as profit grew by 50% year-on-year to Rs.1,155 crore and revenue increased 25.6% to Rs.13,189 crore during the quarter. EBITDA shot up 70.4% to Rs.1,995 crore and margin expanded 400 bps to 15.1%.

ICICI Bank is the top loser in today's market as profit booking was seen in the stock due to market volatility.

Key Market News

The Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6 percent in the ensuing policy review meeting next week, however, there is also a probability of a pre-emptive hike by 25 bps, says a UBS report. According to the global financial services major, the June policy review meeting is likely to be a close call, while the tone of the policy statement is expected to remain hawkish. In its monetary policy review, scheduled for 4-6 June, we expect the MPC to maintain the repo rate at 6% UBS Investment Bank said in a research note.

India faces a copper supply shock after a state government ordered billionaire Anil Agarwal Vedanta Ltd. to shutdown a plant permanently following deadly protests in a move that will slash nationwide output and stroke demand for imports. The Tamil Nadu government directed the southern states pollution control board to seal the 400,000 metric-ton-per-year smelter in Tuticorin in the interests of the people, it said on Monday.

Stocks To Watch

Uflex Ltd. is on the upside while Bank of India is on the downside.

Uflex is currently trading at Rs.316.00, up by Rs.29.80 or 10.41% from its previous closing of Rs.286.20 on the NSE. The scrip opened at Rs.288.00 & has touched a high & low of Rs.335.00 and Rs.287.50 respectively. So far 22,72,313 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,285.85 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.506.90 on 66-December-2017 & a 52 week low of Rs.265.00 on 25-May-2017.

Bank of India is currently trading at Rs.101.10, down by Rs.6.65 or 6.17% from its previous closing of Rs.107.75 on the NSE. The scrip opened at Rs.106.00 & has touched a high and low of Rs.106.00 & Rs.101.10 respectively. So far 1,86,36,555 (NSE) shares were traded on the counter. The current market cap of the company is Rs.17,708.66 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.217.80 on 17-November-2017 and a 52 week low of Rs.91.35 on 12-March-2018.

Market Rose For 3rd Straight Day, Nifty Near 10,700, OMCs Rally

The Benchmark indices started on a positive note with Sensex was up 100 points & Nifty tad below 10,650, amid sharp correction oil prices & recovery in rupee. The equity market continued to trade strong as Sensex rose over 150 points while Nifty above 10,650. The broader markets outperformed frontliners as Nifty midcap index rose over 1% while all sectoral indices remained in the green barring IT that lost 2% led by Pharma which rose over 2%.

In afternoon session market continued to trade near days high as Sensex surged 250 points while Nifty reclaimed 10,700 on strong support from banks, FMCG, infra, pharma & oil while Nifty IT remain only loser fell 2%. Broader market continued to outperform frontliners as Nifty midcap rose over 1%.

In last hour of trade market traded at days high as Sensex surged nearly 300 points while Nifty traded above 10,700. The market closed higher for third consecutive session, amid sharp correction in oil prices. All sectoral indices closed in green baring IT that fell 1.92% while pharma & PSU bank rose over 2%. Nifty midcap outperformed frontliners rose 264 points. Sensex closed 240.61 points up at 35,165.48, Nifty up by 83.50 points at 10,688.65.

Top Gainers

Sun Pharma by 6.55% to Rs.497.00, HindPetro by 6.18% to Rs.313.45, BPCL by 5.44% to Rs.401.25, GAIL by 5.37% to Rs.336.30, Lupin by 4.95% to Rs.782.50.

Top Losers

Tech Mahindra by -3.81% to Rs.676.00, Power Grid by -2.43% to Rs.206.90, TCS by -2.07% to Rs.3,499.35, HCL Tech by -2.07% to Rs.897.00, Hindalco by -1.63% to Rs.241.50.

Analysis Of Top Gainer And Loser

Sun Pharma is the top gainer in today's market after company reported 7% yoy increase in net profit to Rs.1,310 in March quarter, higher than the Rs.895 crore profit projected by analysts tracked by Bloomberg.

Tech Mahindra is the top loser in today's market despite company Q4 profit doubled to Rs.1,222 crore beating analysts average estimate of Rs.934 crore, according to Reuters. Appreciation of rupee against dollar show selling pressure in IT stocks.

Key Market News

Crude oil prices have been falling after hitting $80.50 a barrel (on May 17, 2018), the highest level since November 2014. The correction in oil prices was on signs that output from the three top crude producers, Russia, the United States and Saudi Arabia, would climb to meet concerns about supply amid strong demand. The Organization of the Petroleum Exporting Countries (OPEC), as well as top producer but non-OPEC member Russia, started withholding supplies in 2017 to tighten the market and prop up prices, which in 2016 fell to a more than a decade low of under $30 per barrel.

President Donald Trump appeared to confirm that his summit with Kim Jong Un was back on, three days after he abruptly called off the historic meeting in an sharply worded letter to the North Korean leader. The State Department earlier confirmed reports that a U.S. delegation is meeting with North Korean officials to prepare for the summit, which had been set for Singapore on June 12.

Stocks To Watch

Just Dial Ltd. is on the upside while PC Jeweller Ltd. is on the downside.

Just Dial is currently trading at Rs.611.80, up by Rs.104.15 or 20.52% from its previous closing of Rs.507.65 on the NSE. The scrip opened at Rs.504.00 & has touched a high & low of Rs.623.40 and Rs.503.75 respectively. So far 2,73,37,841 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,240.63 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.647.00 on 16-January-2018 & a 52 week low of Rs.327.55 on 11-August-2017.

PC Jeweller is currently trading at Rs.178.25, down by Rs.14.25 or 7.40% from its previous closing of Rs.192.50 on the NSE. The scrip opened at Rs.198.00 & has touched a high and low of Rs.198.00 & Rs.174.00 respectively. So far 2,59,23,522 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,043.18 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.600.65 on 16-January-2018 and a 52 week low of Rs.94.55 on 03-May-2018.

Sensex Rallied Over 300 Points, Nifty Above 10,500, Led By IT Stocks

The Benchmark indices opened on a positive note, Sensex gained 100 points & Nifty above 10,450, led by some short covering. The equity market extended gain as Sensex rose nearly 200 points while Nifty well above 10,450, despite mix trend in Asian stocks. IT index rose over 2% also pharma, selective banks & financials supported the market while auto down over 1%. Nifty Midcap index fell half a percent.

In afternoon session market traded strong as Sensex surged 250 points while Nifty near 10,500 levels. IT and banking & financials stocks continued to support market while auto & realty index down over 1%. Nifty midcap continued to underperform frontliners as midcap fell over half a percent.

In last hour of trade traded at days high as Sensex surged nearly 300 points while Nifty traded above 10,450. The market gathered strength in late trade on short covering. Expect Auto & Realty all sectoral indices closed in green led by IT, Banking & financials and metal index, was up over 1-3%. Nifty midcap index fell 80 points on weak market breadth. Sensex closed 318.20 points up at 34,663.11, Nifty up by 83.50 points at 10,513.85.

Top Gainers

Bharti Airtel by 4.34% to Rs.372.30, TCS by 3.31% to Rs.3,610.75, Infosys by 2.96% to Rs.1,220, Axis Bank by 2.92% to Rs.535.45, Sun Pharma by 2.53% to Rs.463.70.

Top Losers

Tata Motors by -6.33% to Rs.289.85, GAIL by -5.45% to Rs.305.35, ONGC by -4.39% to Rs.167.70, Grasim by -2.52% to Rs.1,021, HindPetro by -1.10% to Rs.283.85.

Analysis Of Top Gainer And Loser

Bharti Airtel is the top gainer in today's market as company added 8.4 million subscribers in the month of March. The net additions trend showed that the gap between Reliance Jio & Airtel reduced significantly.

Tata Motors is the top loser in today's market as company reported 50% drop in consolidated net profit in Q4 2018. The fall in bottom line was primarily due to Rs.1,641.38 crore impairment of capital work in progress.

Key Market News

Federal Reserve officials said the economic outlook warranted another interest rate hike soon and signaled they would welcome a modest overshoot of their 2 percent inflation target, indicating theyre in no rush to tighten more aggressively. Most participants judged that if incoming information broadly confirmed their current economic outlook, it would likely soon be appropriate for the committee to take another step in removing policy accommodation, minutes released Wednesday of the Federal Open Market Committees May 1-2 meeting said.

The Narendra Modi government today moved to amend the Insolvency and Bankruptcy Code via the ordinance route. The Union Cabinet has approved an ordinance that incorporates changes to the bankruptcy law, Law Minister Ravi Shankar Prasad told reporters at a press briefing. Prasad declined to share details on the changes as the Presidents approval is still awaited.

Stocks To Watch

NCC Ltd. is on the upside while Jet Airways (India) Ltd. is on the downside.

NCC is currently trading at Rs.114.40, up by Rs.9.15 or 8.69% from its previous closing of Rs.105.25 on the NSE. The scrip opened at Rs.106.70 & has touched a high & low of Rs.115.40 and Rs.104.15 respectively. So far 3,45,77,685 (NSE) shares were traded on the counter. The current market cap of the company is Rs.6,871.40 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.141.40 on 10-January-2018 & a 52 week low of Rs.76.20 on 10-August-2017.

Jet Airways is currently trading at Rs.392.95, down by Rs.28.15 or 6.68% from its previous closing of Rs.421.10 on the NSE. The scrip opened at Rs.395.15 & has touched a high and low of Rs.402.80 & Rs.370.05 respectively. So far 1,37,39,326 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,447.91 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.883.45 on 05-January-2018 and a 52 week low of Rs.370.05 on 24-May-2018.

SBIN by 3.76% to Rs.263.45, Tech Mahindra by 2.13% to Rs.701.00, Cipla by 1.91% to Rs.534.00, UPL by 1.26% to Rs.690.90, L&T by 0.82% to Rs.1,330.95.

Top Losers

HindPetro by -8.21% to Rs.263.45, VEDL by -7.21% to Rs.250.50, Tata Steel by -6.16% to Rs.534.00, BPCL by -5.43% to Rs.376.00, ONGC by -5.32% to Rs.175.35.

Analysis Of Top Gainer And Loser

SBIN is the top gainer in today's market despite reporting loss of Rs.7,718 due to high provisions but revenue has improved by 18.6%. Investors cheered management guide for the future prospect.

HindPetro is the top loser in today's market as companys net profit dropped by 4% on lower refining margins & inventory gains. Also due to buzz of excise duty cut on petrol & diesel hurt the sentiment of OMCs.

Key Market News

The rising fuel prices are becoming a concern for the common people. Fuel prices continue to hit new highs for the 10th day in a row today as petrol prices rise by 29 paise in Mumbai and diesel prices rose 28 paise. Petrol prices in Delhi are up by 30 paise. A possible drop in Venezuelas crude output after a disputed presidential election, potential US sanctions on the country as well as the tough stance by US on Iran are the key price drivers.

US President Donald Trump on Tuesday said he is not "satisfied" with the trade talks held with China, despite the fact that earlier this week officials announced a framework agreement to reduce trade tensions with the Asian giant. The US leader said, however, that the talks with China were a start, after the visit to Washington by a Chinese delegation headed by Liu He, the top economic adviser to Chinese President Xin Jinping, Efe reported. In an another news US President Donald Trump yesterday said that he will propose new tax cuts sometime prior to November, when Republicans look to hold on to their majorities in Congress in midterm elections. He did not give any details.

Stocks To Watch

Marksans Pharma Ltd. is on the upside while Hindustan Petroleum Corporation Ltd. is on the downside.

Marksans is currently trading at Rs.28.70, up by Rs.2.80 or 10.81% from its previous closing of Rs.25.90 on the NSE. The scrip opened at Rs.25.75 & has touched a high & low of Rs.30.10 and Rs.25.55 respectively. So far 55,40,454 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,170.64 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.52.30 on 06-November-2017 & a 52 week low of Rs.25.30 on 14-May-2018.

HPCL is currently trading at Rs.286.25, down by Rs.25.60 or 8.21% from its previous closing of Rs.311.85 on the NSE. The scrip opened at Rs.304.00 & has touched a high and low of Rs.310.65 & Rs.283.55 respectively. So far 1,64,65,140 (NSE) shares were traded on the counter. The current market cap of the company is Rs.43,726.09 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.492.80 on 31-August-2017 and a 52 week low of Rs.283.55 on 23-May-2018.

Market Snapped 5-Day Losing Streak Led By SBI, Tata Motors

The Benchmark indices opened on a flat note with Sensex was up 30 points & Nifty above 10,500, amid mix Asian cues. The equity market continued to consolidate as Sensex was up 10 points while Nifty above 10,500, amid corporate earnings. All sectoral indices except FMCG & IT traded in green led by Pharma, Auto, Metal & PSU Bank, was up over 1%. Midcap also traded mildly higher.

In last hour of trade market continued to be range-bound as Sensex rose 20 points while Nifty above 10,500 levels. The market snapped 5 day losing streak led by short covering in banks. Among sectors except FMCG & Pvt. banks all ended in green led by PSU bank, Metal, Auto, Pharma & Realty index, was up over 1%. Nifty midcap was up 48 points. Sensex closed 35.11 points up at 34,651.24, Nifty up by 20.00 points at 10,536.70.

Top Gainers

Dr. Reddy by 5.87% to Rs.2,004.20, Bajaj Finserv by 4.84% to Rs.5,999, SBIN by 4.60% to Rs.255.70, Tata Motors by 4.09% to Rs.308.00, Bajaj Auto by 3.51% to Rs.2,816.

Top Losers

IOC by -3.54% to Rs.159.30, Ultratech by -2.63% to Rs.3,751.05, Infratel by -1.76% to Rs.316.05, IndusInd Bank by -1.56% to Rs.1,895, Asian Paints by -1.33% to Rs1,284.40.

Analysis Of Top Gainer And Loser

Dr. Reddy is the top gainer in today's market despite decline in net profit by 3.3% for Q4 2018 but revenue grew 1% led by domestic growth of 16%.

IOC is the top loser in today's market as company reported decline in net profit of 34% for Q4 FY18 despite revenue growth of 4.48%.

Key Market News

Rating agency Icra expects GDP growth in January-March 2017-18 at 7.4% on account of good rabi crop harvest and improved corporate earnings, up from 7.2% in the third quarter. The Central Statistics Office (CSO) is scheduled to come out with GDP estimate for the fourth quarter (Q4) of fiscal 2017-18 and provisional annual estimates for the year 2017-18 on May 31. As per Icra, the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms is likely to record a considerable recovery to 7.3% in Q4 FY18 from 6.7% in Q3 FY18, thereby rebounding above 7% after a gap of five quarters.

Leading bourse NSE has dragged the Singapore Exchange (SGX) to court over the overseas bourse's plans to launch Nifty-based derivative products. SGX has, however, reiterated its plan to list the new Indian derivatives in June. SGX has been notified by the National Stock Exchange of India (NSE) of an application made in the Bombay High Court for an interim injunction on our new products," the overseas exchange said in a statement issued today. SGX also said that it has informed NSE that India needs to maintain liquidity in its offshore equity derivatives market.

Stocks To Watch

Stride Shasun Ltd. is on the upside while Mahanagar Gas Ltd. is on the downside.

Stride Shasun is currently trading at Rs.393.55, up by Rs.52.55 or 15.41% from its previous closing of Rs.341.00 on the NSE. The scrip opened at Rs.345.20 & has touched a high & low of Rs.409.20 and Rs.342.00 respectively. So far 1,96,82,946 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,512.11 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,002.20 on 24-July-2017 & a 52 week low of Rs.333.30 on 21-May-2018.

MGL is currently trading at Rs.793.10, down by Rs.48.70 or 5.79% from its previous closing of Rs.841.80 on the NSE. The scrip opened at Rs.824.00 & has touched a high and low of Rs.827.00 & Rs.772.15 respectively. So far 22,11,128 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,803.44 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,377.50 on 03-November-2017 and a 52 week low of Rs.772.15 on 22-May-2018.

In last hour of trade market remained under pressure as Sensex was down over 200 points while Nifty struggled below 10,550 levels. The market ended lower for the 5th consecutive session dragged by pharma, metals, auto stocks, HDFC twins and Reliance while PSU banks & technology stocks held the market. Nifty midcap underperformed frontliners, down 320 points. Sensex closed 232.17 points down at 34,616.13, Nifty down by 79.70 points at 10,516.70.

Top Gainers

SBIN by 2.37% to Rs.244.50, BPCL by 1.95% to Rs.393.90, Coal India by 1.57% to Rs.271.00, TCS by 1.42% to Rs.3,551.80, GAIL by 1.40% to Rs.326.00.

Top Losers

Dr. Reddy by -4.64% to Rs.1,890, Sun Pharma by -4.53% to Rs.443.85, UPL by -3.84% to Rs.682.20, Yes Bank by -3.30% to Rs.334.10, ZEEL by -2.91% to Rs.551.10.

Analysis Of Top Gainer And Loser

SBIN is the top gainer in today's market ahead of Q4 2018 earnings due tomorrow & bank is expected to report loss in this quarter as well.

Dr. Reddy is the top loser in today's market ahead of Q4 March earnings due tomorrow. Company is expected to post good numbers.

Key Market News

The U.S. and China declared a truce in their trade dispute over the weekend, but that will prove temporary if the worlds two largest economies fail to deliver on their vague commitments to re-balance trade. Were putting the trade war on hold, Treasury Secretary Steven Mnuchin said Sunday after the two sides released a joint statement a day earlier. Right now, we have agreed to put the tariffs on hold while we execute the framework. The statement released on Saturday after two days of talks between Chinese Vice Premier Liu He and senior American officials, including Trump isnt seen as a panacea to the months-long conflict.

India is the sixth wealthiest country in the world with a total wealth of $8,230 billion, while the U.S. is the richest nation globally, says a report. According to the AfrAsia Bank Global Wealth Migration Review. Factors that will help in wealth creation in India include large number of entrepreneurs, good educational system, robust outlook for information technology, business process outsourcing, real estate, healthcare and media sectors which will result in a 200% rise 10-year wealth growth forecast, according to the report.

Stocks To Watch

Balrampur Chini Mills Ltd. is on the upside while Indiabulls Real Estate Ltd. is on the downside.

Balrampur Chini is currently trading at Rs.66.75, up by Rs.4.45 or 7.14% from its previous closing of Rs.62.30 on the NSE. The scrip opened at Rs.62.50 & has touched a high & low of Rs.68.50 and Rs.62.50 respectively. So far 1,33,10,292 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,551.25 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.182.50 on 13-September-2017 & a 52 week low of Rs.58.70 on 16-May-2018.

IBRE is currently trading at Rs.183.60, down by Rs.22.10 or 10.74% from its previous closing of Rs.205.70 on the NSE. The scrip opened at Rs.202.00 & has touched a high and low of Rs.202.00 & Rs.182.70 respectively. So far 86,27,759 (NSE) shares were traded on the counter. The current market cap of the company is Rs.8,823.35 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.269.70 on 07-August-2017 and a 52 week low of Rs.151.10 on 24-May-2017.

In last hour of trade market continued to trade lower as Sensex fell over 100 points while Nifty hold on to 10,700 mark. The market extended losses for 2nd straight session, amid high Brent crude oil prices. All the sectoral index traded under pressure led by FMCG, Metal & Banks while Nifty midcap outperformed frontliners, rose 70 points. Sensex closed 238.76 points down at 35,149.12, Nifty down by 58.40 points at 10,682.70.

Top Gainers

Bajaj Finance by 7.71% to Rs.2,067.95, Bajaj Finserv by 4.49% to Rs.5,558, Coal India by 2.98% to Rs.271.35, Sun Pharma by 2.77% to Rs.484.75, Infratel by 1.52% to Rs.320.00.

Top Losers

Hindalco by -3.15% to Rs.232.20, UPL by -2.58% to Rs.707.10, ITC by -3.15% to Rs.279.10, Axis Bank by -2.32% to Rs.537.35, HDFC by -2.01% to Rs.1,574.

Analysis Of Top Gainer And Loser

Bajaj Finance is the top gainer in today's market as company posted best quarterly result in over 6 years as profit grew by 60%, beat analyst estimates.

Hindalco is the top loser in today's market as company reported a 25% drop in its standalone quarterly profit in January-March 2018 quarter.

Key Market News

In Karnataka the drama continue as BS Yeddyurappa and the BJP have been invited to form the government in Karnataka. They will have up to fifteen days from when he takes office to prove his majority in a floor test, said Governor of Karnataka. As asked by Governor BJP candidate BS Yeddyurappa took oath today morning. The Congress has moved the Supreme Court against Karnataka Governor Vajubhai Vala's decision to invite BJPs Yeddyurappa to form the government in the state and sought an immediate hearing.

For the first time since inception, the Reserve Bank of Indias Monetary Policy Committee (MPC) will meet for three days in June for the second bi-monthly policy review instead of the usual two days. The RBI said the change in schedule is due to "administrative" reasons. The six members of the MPC led by RBI Governor Urjit Patel will meet on June 4, 5 and 6. Analysts and experts suggest there is a high probability of a repo rate hike in the June policy due to the spike in inflation to 4.6 percent in April and worries of high crude prices.

Stocks To Watch

Jyothy Laboratories Ltd. is on the upside while PTC India Ltd. is on the downside.

Jyothy Lab. is currently trading at Rs.471.05, up by Rs.78.50 or 20% from its previous closing of Rs.392.55 on the NSE. The scrip opened at Rs.400.00 & has touched a high & low of Rs.471.05 and Rs.399.50 respectively. So far 35,75,837 (NSE) shares were traded on the counter. The current market cap of the company is Rs.8,544.32 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.471.05 on 17-May-2018 & a 52 week low of Rs.324.50 on 16-November-2017.

PTC India is currently trading at Rs.83.60, down by Rs.8.35 or 9.08% from its previous closing of Rs.91.95 on the NSE. The scrip opened at Rs.92.65 & has touched a high and low of Rs.93.50 & Rs.82.60 respectively. So far 1,41,74,043 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,473.15 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.130.45 on 21-September-2017 and a 52 week low of Rs.82.60 on 17-May-2018.

Sensex, Nifty Extend Losses On Mixed Earnings, Karnataka Uncertainty

The Benchmark indices opened sharply lower with Sensex down over 150 points & Nifty below 10,750, amid weak Asian cues. The equity market continued to trade lower as Sensex was down over 200 points while Nifty traded below 10,750, amid uncertainty over Karnataka Govt. formation. Baring FMCG & Realty all the sectoral index remained under pressure led by Bank & Financials and metal. Nifty midcap index trimmed losses to half a percent.

In afternoon session market recovered from days low as Sensex was down 50 points while Nifty back above 10,750 helped by recovery in Rupee & fall in crude oil prices. Nifty FMCG & Realty index is up over 1% while all other index traded in red. Nifty midcap turned in green.

In last hour of trade market further extended losses as Sensex slipped nearly 200 points while Nifty below 10,750. The market closed lower as uncertainty remained over the formation of Govt. in Karnataka. Nifty Realty & FMCG rose over 1% while PSU bank fell over 3% followed by financials & Pvt. banks as well. Nifty midcap down 14 points. Sensex closed 156.06 points down at 35,387.88, Nifty down by 60.75 points at 10,741.10.

Top Gainers

HUL by 3.87% to Rs.1,574.15, Lupin by 2.26% to Rs.767.75, ITC by 1.60% to Rs.286.35, Bajaj Finance by 1.42% to Rs.1,929, Wipro by 1.37% to Rs.274.70.

Top Losers

ICICI Bank by -3.67% to Rs.296.95, Cipla by -3.40% to Rs.556.20, Ultratech by -3.15% to Rs.3,980, RIL by -2.51% to Rs.954.40, GAIL by -2.37% to Rs.331.40.

Analysis Of Top Gainer And Loser

Hindustan Unilever is the top gainer in today's market as company posted strong numbers for Q4 FY18 as PAT grew by 1.2% beat street expectations.

ICICI Bank is the top loser in today's market as banking sector remained under selling pressure due to lower then expected numbers

Key Market News

Japan's economy shrank for the first time in two years in the first quarter of the year amid weak consumption, official data showed. The world's third-largest economy contracted by 0.2% quarter-on-quarter in the January-March period, compared with growth of 0.1% at the end of 2017, the Cabinet Office said. Private consumption was flat after an uptick of 0.2% in the final quarter of last year. Private residential investment plunged another 2.1% after a 2.7% fall in the previous quarter.

Indias trade deficit widened to $13.72 billion in April. This is $47 million higher than the $13.25- billion trade deficit reported in April 2017, according to data put out by the Ministry of Commerce. The higher deficit is on account of the near doubling of crude oil prices. However, the deficit was mitigated by lower gold and jewellery imports. In rupee terms, the trade balance widened by 4,564.98 crore in April to Rs.90,031.71 crore, from Rs.85,466.73 crore in April last year. An official statement said, Oil imports during April were valued at $10.41 billion which was 41.49% higher than oil imports valued at $7.36 billion in April 2017.

Stocks To Watch

Indiabulls Real Estate Ltd. is on the upside while Punjab National bank is on the downside.

IB Real Estate is currently trading at Rs.207.90, up by Rs.22.10 or 11.89% from its previous closing of Rs.185.80 on the NSE. The scrip opened at Rs.191.30 & has touched a high & low of Rs.209.80 and Rs.191.30 respectively. So far 2,76,88,556 (NSE) shares were traded on the counter. The current market cap of the company is Rs.9,911.20 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.269.70 on 07-August-2017 & a 52 week low of Rs.151.10 on 24-May-2017.

PNB is currently trading at Rs.75.70, down by Rs.10.25 or 11.93% from its previous closing of Rs.85.95 on the NSE. The scrip opened at Rs.79.15 & has touched a high and low of Rs.80 & Rs.74.15 respectively. So far 9,85,23,673 (NSE) shares were traded on the counter. The current market cap of the company is Rs.20,856.13 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.231.45 on 26-October-2017 and a 52 week low of Rs.74.15 on 16-May-2018.

Karnataka Cliffhanger Scares The Market; Nifty Hold 10,800

The Benchmark indices started flat as Sensex was up 10 points & Nifty tested 10,800, as Karnataka vote counting started. The equity market continued to trade positively as Sensex surged over 350 points while Nifty was above 10,900 as BJP emerged as the biggest single party in Karnataka. Nifty Bank index rose over 350 points while Pharma, IT and FMCG indices turned flat. Nifty midcap rose 0.50%.

In the afternoon session, the market was off days high as investors booked profit at the higher level. Sensex was up over 200 points while Nifty was above 10,850. Later, Nifty midcap turned negative, was down over 0.50%. Nifty Realty, Pharma & PSU bank index fell over 1% while private banks, NBFCs, IT & metal supported the market.

In the last hour of trade, the market was flat as Sensex was up 50 points while Nifty traded above 10,800. The market ended flat after it became clear that BJP was likely to fail to reach the halfway mark in Karnataka. Nifty Realty & PSU Bank index tumbled over 2% while IT, metal & private banks supported the market. Nifty midcap index was down 179 points. Sensex closed 12.77 points down at 35,543.94, Nifty was down by 4.75 points at 10,801.85.

Top Gainers

Tata Steel by 2.73% to Rs.627, Power Grid by 2.37% to Rs.214, Bajaj Finance by 1.90% to Rs.1,900, TCS by 1.56% to Rs.3,487, Asian Paint by 1.28% to Rs.1,314.

Top Losers

Tata Motors by -3.99% to Rs.310.70, SBIN by -2.78% to Rs.246.55, Coal India by -2.24% to Rs.264, IndusInd Bank by -1.39% to Rs.1,199.75, NTPC by -1.08% to Rs.169.80.

Analysis Of Top Gainer And Loser

Tata Steel is the top gainer in today's market as Analyst expect a turnaround in this quarter. Company Q4 result is due tomorrow.

Tata Motors is the top loser in today's market as selling pressure was seen in the stock.

Key Market News

Indias retail inflation came in at 4.58% in April from Marchs 4.28% due to rise in prices of miscellaneous items such as education, household goods, personal care items as well as petrol and diesel prices, data released by statistics office showed. Retail inflation, measured by Consumer Price Index (CPI) had fallen to 2.99% in April 2017. CPI is the main price measure that the Reserve Bank of India (RBI) tracks. Marchs data is an indication that prices are at a relatively safe distance from the apex banks upper tolerance level of inflation at 6%.

MSCI, the worlds biggest index compiler with roughly $12 trillion in assets benchmarked to its products, will add four Indian stocks and remove five from its Global Standard Index with effect at May 31 close.

MSCI also released the list of 234 domestically listed Chinese companies that will be added to benchmark equity from next month. The move is expected to trigger potential outflow from markets like India.

Market Flat Ahead Of Karnataka Poll Outcome, Nifty Holds 10,800

The Benchmark indices started the week on a quiet note with Sensex was up 30 points & Nifty above 10,800 . The equity market is off days high as Sensex was down 10 points while still above 10,800, ahead of Karnataka Election result. Among sectoral index IT, Auto & Realty traded under pressure while Pharma & PSU Bank index rose 1%. Nifty midcap to traded lower nearly 1%.

In afternoon session some weakness seen in D-Street as Senxes fell over 50 points while Nifty fell below 10,800, ahead of Karnataka election result. Midcaps have further extended their fall, pharma and PSU banks have trimmed some of the gains. Auto stocks too continued to trade lower.

In last hour of trade market traded volatile as Sensex was up 10 points while Nifty traded above 10,800. The market ended flat as traders maintained cautious ahead of Karnataka result. Banking & financial, Pharma stocks supported the market while Realty & Auto traded under pressure. Nifty midcap was down over 1.3% Sensex closed 20.92 points up at 35,556.71, Nifty up by 0.10 points at 10,806.60.

Top Gainers

NTPC by 2.24% to Rs.171.20, BPCL by 1.30% to Rs.404.50, IndusInd Bank by 1.25% to Rs.1,918, Dr. Reddy by 1.23% to Rs.2,015, Power Grid by 1.04% to Rs.209.00.

Top Losers

Titan by -3.49% to Rs.922.65, ZEEL by -2.75% to Rs.576.50, Tata Motors by -2.21% to Rs.323.50, M&M by -2.19% to Rs.850.05, Infratel by -2.05% to Rs.313.30.

Analysis Of Top Gainer And Loser

NTPC is the top gainer in today's market as buying was seen in the stock on the back of a heavy volume.

Titan is the top loser in today's market as selling pressure was seen in the stock despite strong Q4 numbers.

Key Market News

Inflation based on wholesale prices shot up to 3.18% in April on increasing prices of petrol and diesel as well as fruits and vegetables. The Wholesale Price Index based inflation stood at 2.47% in March and 3.85% in April last year. According to govt. data released, inflation in food articles was at 0.87% in April 2018, as against a deflation of 0.29% in the preceding month. Deflation in vegetables was 0.89% in April, while in the previous month it was 2.70%. Inflation in fuel and power basket rose sharply to 7.85% in April from 4.70% in March as prices of domestic fuel increased in line with rising global crude oil rates.

Despite moderation in factory output growth in March, India's GDP is expected to grow by 7.7% in January-March, up from 7.2% in the preceding quarter, says a Nomura report. According to the Japanese financial services major, despite the moderation in March, industrial production growth averaged 6.2% in the January- March period, up from 5.9% in Q4 (October-December). The report further noted that India is expected to witness cyclical recovery led by both investment and consumption.

Stocks To Watch

Sun TV Network Ltd. is on the upside while Tata Global Beverages Ltd. is on the downside.

Sun TV is currently trading at Rs.959.90, up by Rs.91.40 or 10.52% from its previous closing of Rs.868.50 on the NSE. The scrip opened at Rs.905.00 & has touched a high & low of Rs.977.80 and Rs.901.65 respectively. So far 1,10,10,934 (NSE) shares were traded on the counter. The current market cap of the company is Rs.37,991.73 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,097.80 on 16-January-2018 & a 52 week low of Rs.652.45 on 10-August-2017.

Tata Global is currently trading at Rs.257.00, down by Rs.30.50 or 10.61% from its previous closing of Rs.287.50 on the NSE. The scrip opened at Rs.280.00 & has touched a high and low of Rs.281.35 & Rs.251.85 respectively. So far 1,68,22,847 (NSE) shares were traded on the counter. The current market cap of the company is Rs.16,112.74 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.328.75 on 15-January-2018 and a 52 week low of Rs.140.20 on 24-May-2017.

Sensex, Nifty Halts 3-Day Gains, Nifty Midcap Cracked 1.5%

The Benchmark indices opened on good note with Sensex was up over 100 points & Nifty well above 10,750 mark. The equity market paired some morning gains as Sensex was up 50 points while Nifty held 10,750 levels. Baring IT & OMCs all the sectors remained under pressure led by Realty, Pharma, PSU Bank. Midcaps too are trading lower, fell nearly 1% on the Nifty Midcap index.

In last hour of trade market continued to consolidate as Sensex was down 50 points while Nifty still below 10,750 mark. The market ended at days low as midcap underperformed with 1.5% cut. Except the oil & gas space, all sectoral indices ended in red led by Realty, Pharma, PSU Bank, Metal & FMCG. Sensex closed 73.08 points down at 35,246.27, Nifty down by 25.15 points at 10,716.55.

Top Gainers

ONGC by 2.73% to Rs.187.85, Bharti Airtel by 2.00% to Rs.410.50, Eicher Motors by 1.43% to Rs.30,750, Tech Mahindra by 1.33% to Rs.662.80, BPCL by 1.18% to Rs.390.00.

Top Losers

Dr. Reddy by -3.47% to Rs.1,992.70, IBULHSGFIN by -2.54% to Rs.1,204.90, Tata Motors by -2.47% to Rs.333.50, Cipla by -2.36% to Rs.574.10, Power Grid by -1.86% to Rs.207.90.

Analysis Of Top Gainer And Loser

ONGC is the top gainer in today's market as strong buying volume was seen in the stock.

Dr. Reddy is the top loser in today's market as overall pharma sector remained under selling pressure.

Key Market News

The auto sector has started the new financial year 2018-19 with a strong sales growth of 17.44% to 23,79,718 units in the domestic market, according to the latest SIAM data. While passenger vehicles grew 7.5% to 2,98,504 units, the highest growth was witnessed by the van segment up utility vehicles came next with a step up of 11.92% and passenger cars grew marginally at 4.89%. Commercial vehicles posted a robust 75.95% uptick to 72,993 units with MHCVs leading the attack with a sales growth of 169.26% to 28,547 units while LCVs recorded a sales step up of 43.92% to 44,446 units.

The Indian economy is expected to grow at 7.4% in the current fiscal and accelerate further to 7.8% as it recovers from the impact of demonetisation and Goods and Services Tax (GST) rollout, the International Monetary Fund (IMF) said on Wednesday. Asia continues to be the main engine of the worlds economy, accounting for more than 60% of global growth - three-quarters of which comes from China and India alone, as per IMFs Regional Economic Outlook: Asia and Pacific (REO).

Stocks To Watch

Welspun Enterprises Ltd. is on the upside while The Federal Bank Ltd. is on the downside.

Welspun Enterprises is currently trading at Rs.170, up by Rs.16.75 or 10.93% from its previous closing of Rs.153.25 on the NSE. The scrip opened at Rs.155.40 & has touched a high & low of Rs.174.80 and Rs.155 respectively. So far 50,41,727 (NSE) shares were traded on the counter. The current market cap of the company is Rs.2,508.06 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.197.65 on 10-January-2018 & a 52 week low of Rs.84.35 on 25-May-2017.

Federal Bank is currently trading at Rs.89.55, down by Rs.11.60 or 11.47% from its previous closing of Rs.101.15 on the NSE. The scrip opened at Rs.93.10 & has touched a high and low of Rs.93.50 & Rs.88.10 respectively. So far 12,55,25,242 (NSE) shares were traded on the counter. The current market cap of the company is Rs.17,637.70 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.127.65 on 17-October-2017 and a 52 week low of Rs.87.30 on 06-February-2018.

Market Rose For 3rd Day, Nifty Still Below 10,750, IT Stocks Lead

The Benchmark indices began the on a lower note with Sensex was down 50 points & Nifty held 10,700. The equity market continued to trade flat as Sensex was up 27 points while Nifty stayed above 10,700 levels. Barring IT & Metal (was up over 1%) all sectoral indices traded in red led by OMCs & banking stocks remained under profit booking. Nifty midcap too traded lower.

In afternoon session sharp surged seen in equity benchmark as Sensex rose over 150 points while Nifty traded above 10,750 levels, led by Tata Motors, Reliance & TCS. Reversal of losses in financials along with a surge in metals and IT & Auto names are pushing indices higher. Midcap continued to trade lower.

In last hour of trade market continued to trade higher as Sensex was up 100 points while Nifty slipped below 10,750 mark. The market closed on a positive note after trading in a narrow range. Among sectors, PSU banking stocks remained the laggard along with pharma and FMCG stocks while IT supported the market. Nifty midcap closed lower by half a percent. Sensex closed 103.03 points up at 35,319.35, Nifty up by 23.90 points at 10,741.70.

Top Gainers

Tata Motors by 2.80% to Rs.341.45, Titan by 1.82% to Rs.985.75, Tata Steel by 1.41% to Rs.604,75, Yes Bank by 1.41% to Rs.348.15, UPL by 1.39% to Rs.731.50.

Top Losers

Ultratech by -2.41% to Rs.3,966, BPCL by -1.94% to Rs.385.00, Lupin by -1.41% to Rs.763.90, Bajaj Finance by -1.09% to Rs.1,848, HPCL by -1.07% to Rs.303.70.

Analysis Of Top Gainer And Loser

Tata Motors is the top gainer in today's market as as Jaguar Land Rover (JLR) sales grew at an annual 11.90% to 45,180 units for April. The sales of its subsidiary were primarily driven by introduction of new models, including the Range Rover Velar, the Land Rover Discovery and the Jaguar E-PACE.

Ultratech Cement is the top loser in today's market as some selling pressure was seen in the stock.

Key Market News

President Donald Trump said the U.S. will withdraw from the landmark 2015 accord to curb Irans nuclear program and reinstate financial sanctions on the Islamic Republic, opening an uncertain new chapter for the Middle East. His decision, widely anticipated by allies and analysts, was intended to force Iran to renegotiate an agreement the countrys leaders have said they will not revisit. Trumps political opponents warned he could lead the U.S. into another Mideast war.The exit throws plans for billions of dollars of investments by European companies into disarray. Oil rebounded to trade at the highest level since 2014 as investors focused on how Iranian crude buyers will react to sanctions aimed at cutting exports from OPECs third-largest producer.

China and IndiaAsias first and third largest economies, respectivelyshould aim for growth-friendly fiscal consolidation to promote sustainable, inclusive growth while enhancing resilience as the two countries together contribute 45% to global growth, the International Monetary Fund (IMF) said on Wednesday.

Stocks To Watch

Firstsource Solutions Ltd. is on the upside while Greaves Cotton Ltd. is on the downside.

FSL is currently trading at Rs.70.85, up by Rs.6.40 or 9.93% from its previous closing of Rs.64.45 on the NSE. The scrip opened at Rs.65.00 & has touched a high & low of Rs.74.50 and Rs.64.80 respectively. So far 4,30,68,512 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,962.40 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.74.50 on 09-May-2018 & a 52 week low of Rs.30.35 on 15-June-2017.

Greaves Cotton is currently trading at Rs.138.85, down by Rs.6.25 or 4.31% from its previous closing of Rs.145.10 on the NSE. The scrip opened at Rs.145.00 & has touched a high and low of Rs.145.85 & Rs.138.55 respectively. So far 14,18,290 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,394.47 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.170.80 on 26-July-2017 and a 52 week low of Rs.112.35 on 18-December-2017.

Sensex Surged Nearly 300 points, Nifty Well Above 10,700-Mark

The Benchmark indices began the week on a good note with Sensex gained over 100 points & Nifty traded around 10,650 mark. The equity market continued to trade higher as Sensex still up over 130 points while Nifty above 10,650 levels. Baring Nifty Pharma (down over 1%) all sectoral indices traded in green led by FMCG, PSU Bank, Realty & Metal, rose over a percent. Nifty midcap also traded in line with frontliners.

In last hour of trade market traded at days high as Sensex surged over 250 points while Nifty traded above 10,700 mark. The market closed on a strong note as both indices closed at days high on Monday. Barring IT & Pharma all other sector indices closed in positive territory led by PSU Bank, Metal, FMCG, Auto & Realty. Nifty midcap also rose 0.75%. Sensex closed 292.76 points up at 35,208.14, Nifty up by 97.25 points at 10,715.50.

Top Gainers

GAIL by 4.32% to Rs.344.00, M&M by 3.77% to Rs.886.50, ICICI Bank by 3.59% to Rs.293.00, Axis Bank by 3.04% to Rs.536.10, Hindalco by 2.79% to Rs.237.80.

Top Losers

Lupin by -2.61% to Rs.774.85, Dr. Reddy by -1.88% to Rs.2,067, TCS by -1.52% to Rs.3,428, Coal India by -1.44% to Rs.267.40, Cipla by -1.02% to Rs.590.90.

Analysis Of Top Gainer And Loser

GAIL is the top gainer in today's market as strong delivery basis buying was seen in the stock.

Lupin is the top loser in today's market after Credit Suisse highlighted concerns over the volume loss in its diabetes franchise. The brokerage sees a downside of 9 percent on the stock. It said that there is massive volume loss in diabetes franchise in the US and has cut earnings and target.

Key Market News

The commerce ministry has decided to formulate a comprehensive action plan to boost India's trade with Africa which is "relatively" small at present, Union Minister Suresh Prabhu said. A series of engagements have been lined up in different parts of Africa to discuss ways to promote trade and investments between the two regions, he said. With India's exports growing at a relatively slower rate, Africa holds huge potential to boost exports. According to experts, India needs to take more steps to increase cooperation with the continent in various areas including services.

Maximilian Kunkel, investment strategist at UBS Global Wealth Management spoke to BloombergQuint and said emerging markets will continue to grow due to global expansion and benign liquidity and China would be the key market.

Trade war will lead to higher prices, preparing portfolios for that probability. 20-30% probability on an outright trade war in the next 12 months.

Stocks To Watch

PC Jeweller Ltd. is on the upside while Himadri Speciality Chemicals Ltd. is on the downside.

PC Jeweller is currently trading at Rs.242.15, up by Rs.67.50 or 38.65% from its previous closing of Rs.174.65 on the NSE. The scrip opened at Rs.192.10 & has touched a high & low of Rs.243.90 and Rs.192.10 respectively. So far 18,92,41,116 (NSE) shares were traded on the counter. The current market cap of the company is Rs.9,492.13 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.600.65 on 16-January-2018 & a 52 week low of Rs.94.55 on 03-May-2018.

HSCL is currently trading at Rs.122.50, down by Rs.12.80 or 9.46% from its previous closing of Rs.135.30 on the NSE. The scrip opened at Rs.136.00 & has touched a high and low of Rs.136.55 & Rs.118.90 respectively. So far 28,50,689 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,104.58 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.196.80 on 15-January-2018 and a 52 week low of Rs.57.10 on 23-May-2017.

Sensex Halts 4-Day Winning Streak; Nifty Below 10,700

The Benchmark indices opened flat as Sensex was down 10 points & Nifty above 10,700, amid weak global cues. The equity market continued to remain under selling pressure as Sensex was down over 100 points while Nifty traded well below 10,700. It was weighed down by FMCG, IT stocks, Reliance Industries & HDFC Bank while HDFC and ICICI Bank continued to support the market. Broader markets extended losses, as the Nifty Midcap index fell 1.5%.

In the last hour of trade, the market continued to consolidate as Sensex was down by 50 points while Nifty hovered around 10,700 levels. The market closed lower due to global weakness amid US-China trade talks. Nifty IT, FMCG, Realty & Auto index fell the most while Metal and some private banks supported the market. Nifty midcap index fell over 1%. Sensex closed 73.28 points down at 35,103.14, Nifty down by 38.40 points at 10,679.65.

Top Gainers

Sun Pharma by 3.60% to Rs.1,260, Infratel by 3.35% to Rs.324.30, Tata Steel by 2.12% to Rs.586.70, NTPC by 1.82% to Rs.173.50, Axis Bank by 1.79% to Rs.533.10.

Top Losers

HCL Tech by -7.95% to Rs.923.00, UPL by -3.60% to Rs.707.00, Eicher Motors by -2.36% to Rs.29,800.55, KotakBank by -1.99% to Rs.1,231.85, IBULHSGFIN by -1.95% to Rs.1,272.80.

Analysis Of Top Gainer And Loser

Sun Pharma is the top gainer in today's market as the company has received USFDA approval for its version of Esomeprazole Magnesium.

HCL Tech is the top loser in today's market after the company posted a 9.8% drop in consolidated net profit for the March 2018 quarter. On Wednesday.

Key Market News

Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases. The decision to maintain the federal fund's target range at 1.5% to 1.75% was a unanimous 8-0. This FOMC meeting wont be followed by a press conference. Inflation on a 12-month basis is expected to run near the committees symmetric 2 percent objective over the medium term, the policy-setting FOMC said in a statement Wednesday in Washington.

Near-month (May 31) options activity on Nifty indicates the index could hit a fresh high if NDA wins a clear majority (113 plus of 224 seats) in the upcoming Karnataka election. That would mean Nifty surpassing its January 29 record of 11,171.55 on or after May 15 when the results are out, believes derivative experts Rajesh Palviya of Axis Securities and Ashish Chaturmohta of Sanctum Wealth Management.

Stocks To Watch

PC Jeweller Ltd.is on the upside while is HCL Technologies Ltd. on the downside.

PC Jeweller is currently trading at Rs.122.90, up by Rs.12.25 or 11.07% from its previous closing of Rs.110.65 on the NSE. The scrip opened at Rs.100.65 & has touched a high & low of Rs.126.80 and Rs.94.55 respectively. So far 21,79,43,465 (NSE) shares were traded on the counter. The current market cap of the company is Rs.4,789.44 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.600.65 on 16-January-2018 & a 52 week low of Rs.94.55 on 03-May-2018.

HCL Tech is currently trading at Rs.921.00, down by Rs.79.50 or 7.95% from its previous closing of Rs.1,000.50 on the NSE. The scrip opened at Rs.997.00 & has touched a high and low of Rs.997.00 & Rs.920.00 respectively. So far 76,38,012 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,28,942.31 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.1,108 on 23-April-2018 and a 52 week low of Rs.808.15 on 04-May-2017.

Nifty Halts 3-Day Uptrend Ahead Of Fed Meet Outcome

The Benchmark indices opened higher as Sensex was up over 100 points & Nifty above 10,750 backed by Auto sales data & strong GST collection data. The equity market continued to consolidate as Sensex was up only 10 points while Nifty traded below 10,750, ahead of Federal Reserve meeting outcome that is due tonight. Nifty IT, Metal & PSU bank indices were down 1.5-2% while auto & some selected private banks supported the market. Nifty midcap also fell over half a percent.

In the last hour of trade, the market continued to consolidate as Sensex fell over 50 points while Nifty below 10,750. The market closed flat after rangebound session as investors await Federal Reserve outcome due tonight. Nifty Metal, PSU bank, Realty, IT, Pharma & Auto fell over 1-3% while NBFCs & private banks supported the market. Nifty midcap index was down 302 points. Sensex closed 16.06 points up at 35,176.42, Nifty down by 21.30 points at 10,718.05.

Top Gainers

KotakBank by 4.04% to Rs.1,260, ZEEL by 2.03% to Rs.600.00, ITC by 1.83% to Rs.286.60, Axis Bank by 1.46% to Rs.524.85, Asian Paint by 1.40% to Rs.1,218.55.

Top Losers

VEDL by -4.98% to Rs.283.55, HCL Tech by -4.50% to Rs.1,005.35, Hindalco by -3.54% to Rs.227.30, Tata Steel by -3.39% to Rs.574.80, HINDUNILVR by -2.51% to Rs.1,471.

Analysis Of Top Gainer And Loser

Kotak Bank is the top gainer in today's market as investors cheered quarter performance. The lender reported a 15% YoY rise in its standalone net profit for the March quarter at Rs.1,124 crore.

VEDL is the top loser in today's market after The National Company Law Appellate Tribunal agreed to hear Renaissance Steels appeal against Vedantas revival plan for indebted Electrosteel on May 17.

Key Share Market News

Indian factory growth accelerated in April on strong domestic demand and output, a business survey showed, while price pressures were subdued which is a comforting sign for the central bank as it seeks to temper inflation without hurting the economy. The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 51.6 last month from March's 51, as predicted by a Reuters and above the 50-point mark that separates growth from contraction for a ninth straight month.

Goods and services tax (GST) collections touched a record Rs.1.03 trillion in April. It is the first time the number has crossed the 1 trillion-mark in any month since the new tax regime debuted on 1 July. Of the total revenue of Rs.1.03 trillion collected in April, Rs.18,652 crore was central GST, Rs.25,704 crore was stated GST and Rs.50,548 crore was integrated GST (including Rs.21,246 crore collected on imports), the finance ministry statement said. The cess was Rs.8,554 crore.

Stocks To Watch

Equitas Holdings Ltd.is on the upside while is Jet Airways (India) Ltd. on the downside.

Equitas is currently trading at Rs.166.05, up by Rs.11.45 or 7.41% from its previous closing of Rs.154.60 on the NSE. The scrip opened at Rs.155.40 & has touched a high & low of Rs.166.50 and Rs.155.00 respectively. So far 92,64,753 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,601.78 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.183.60 on 07-September-2017 & a 52 week low of Rs.129.30 on 06-February-2018.

Jet Airways is currently trading at Rs.591.20, down by Rs.52.05 or 8.09% from its previous closing of Rs.643.25 on the NSE. The scrip opened at Rs.640.00 & has touched a high and low of Rs.646.50 & Rs.583.00 respectively. So far 44,25,278 (NSE) shares were traded on the counter. The current market cap of the company is Rs.6,735.19 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.883.45 on 05-January-2018 and a 52 week low of Rs.438.25 on 31-May-2017.

In the last hour of the trade, the market extended gains as Sensex rose over 200 points while Nifty was above 10,600. The market ended on a strong note. Nifty Pvt. bank, FMCG, IT led the rally while PSU bank, Realty & OMC traded lower. Nifty midcap was up 74 points. Sensex closed 212.33 points up at 34,713.60, Nifty up by 47.25 points at 10,617.80.

Top Gainers

Yes bank by 10.12% to Rs.358.15, IndusInd Bank by 2.02% to Rs.1,885, HUL by 1.98% to Rs.1,488.15, ITC by 1.70% to Rs.278.75, Eicher Motors by 1.55% to Rs.31,225.

Top Losers

Bharti Airtel by -3.08% to Rs.406.90, Lupin by -2.66% to Rs.793.00, Infratel by -2.50% to Rs.317.30, Wipro by -2.39% to Rs.280.30, SBIN by -1.67% to Rs.233.25.

Analysis Of Top Gainer And Loser

Yes Bank is the top gainer in today's market as bank's Q4 earnings beat analyst estimates, with profit growing 29% YoY on healthy growth in NII, which increased by 31.4%. Asset quality strengthened as net NPA of total advances stood at 0.64% versus 0.93% (QoQ).

Bharti Airtel is the top loser in today's market as the company will consider selling the stake in the combined company that will emerge after merger on Indus towers into Bharti Infratel.

Key Market News

According to the International Monetary Fund (IMF), the impact of higher oil prices on Indias gross domestic product may not be all that much this year and the next. Indias terms-of-trade loss as a percent of GDP over 2018-2019 at 0.18%, much lower than the 1.5% loss seen in 2017. The loss, of course, is due to a rise in oil prices. Conversely, when oil prices fell in 2015 and 2016, India had large windfall gains of around 4% of GDP. IMF estimates dated Brent crude oil price to average $64.6 a barrel for 2018, up 19% over 2017.

The European Central Bank is set to keep policy unchanged. Playing down worries over recent softness in the eurozone economy and leaving the door open to ending its lavish bond purchase scheme by the close of the year. Having tweaked its guidance last month to reflect solid growth, the ECB will probably argue that the economy is humming along and that the exceptional readings seen around the turn of the year were always unlikely to be sustained, economists said.

Stocks To Watch

Yes Bank Ltd. is on the upside while is DCM Shriram Ltd. on the downside.

Yes Bank is currently trading at Rs.358.15, up by Rs.32.90 or 10.12% from its previous closing of Rs.325.25 on the NSE. The scrip opened at Rs.327.95 & has touched a high & low of Rs.360.25 and Rs.323.60 respectively. So far 6,23,64,794 (NSE) shares were traded on the counter. The current market cap of the company is Rs.81,075.96 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.382.90 on 21-September-2017 & a 52 week low of Rs.275.25 on 23-May-2017.

DCM Shriram is currently trading at Rs.328.75, down by Rs.40.65 or 11% from its previous closing of Rs.369.40 on the NSE. The scrip opened at Rs.370 & has touched a high and low of Rs.373.95 & Rs.302 respectively. So far 19,11,608 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,424.21 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.628 on 19-December-2017 and a 52 week low of Rs.302 on 26-April-2018.

In the last hour of trade, the market trimmed losses as Sensex was down over 100 points while Nifty traded below 10,600. The market closed lower ahead of the expiry of April derivative contracts. Baring IT (up 1.15%) & Realty all sectoral index traded in red led by banking & finance, metal, Pharma. Nifty midcap fell 81 points. Sensex closed 115.37 points down at 34,501.27, Nifty down by 43.80 points at 10,570.55.

Top Gainers

Bharti Airtel by 2.90% to Rs.418.05, TCS by 2.37% to Rs.3,466, M&M by 1.72% to Rs.853.00, Power Grid by 1.36% to Rs.209.25, HCL Tech by 1.68% to Rs.1,070.

Top Gainers

GAIL by -3.09% to Rs.327.30, VEDL by -2.99% to Rs.288.50, HindPetro by -2.86% to Rs.297.25, Hindalco by -2.32% to Rs.231.25, Grasim by -1.81% to Rs.1,060.85.

Analysis Of Top Gainer And Loser

Bharti Airtel is the top gainer in today's market as the company posted a surprise profit led by improvement in its Africa business and a deferred tax credit of Rs.464 crore. However, net profit fell 73% to Rs.83 crore in the quarter ended March.

GAIL is the top loser in today's market as selling pressure was seen in the stock.

Key Market News

Indian economy is expected to witness a cyclical recovery driven by investments as well as consumption, and the average GDP growth is expected to rise to 7.8% in the first half of this year, says a report. According to the Japanese financial services major Nomura, investment and consumption demand are the main drivers for India's growth, amid worsening net exports.

In other news, the Government of India has inked a loan agreement of USD 125 million with World Banks investment arm to fund Innovate in India project. The loan agreement was signed yesterday between Sameer Kumar Khare, joint secretary, Ministry of Finance and Hisham Abdo, Acting Country Director, World Bank (India), an official statement said today. The objective of the project is to nurture indigenous innovation, foster local product development and accelerate commercialisation process, the report said.

Stocks To Watch

NIIT Technology Ltd. is on the upside while is PC Jeweller Ltd. on the downside.

NIIT Tech is currently trading at Rs.1,095, up by Rs.98.90 or 9.92% from its previous closing of Rs.996.20 on the NSE. The scrip opened at Rs.990.00 & has touched a high & low of Rs.1,102 and Rs.988.00 respectively. So far 70,03,708 (NSE) shares were traded on the counter. The current market cap of the company is Rs.6,642.79 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.1,102 on 25-April-2018 & a 52 week low of Rs.420.45 on 24-April-2017.

PC Jeweller is currently trading at Rs.243.00, down by Rs.46.35 or 16.02% from its previous closing of Rs.289.35 on the NSE. The scrip opened at Rs.288.00 & has touched a high and low of Rs.290.55 & Rs.238.10 respectively. So far 2,33,95,072 (NSE) shares were traded on the counter. The current market cap of the company is Rs.9,632.13 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.600.65 on 16-January-2018 and a 52 week low of Rs.208.00 on 25-May-2017.

Reliance Lifts Market To 2 Month's High; Nifty Above 10,600

The Benchmark indices opened higher with Sensex rose over 100 points & Nifty near 10,600, followed a positive lead from Asian stocks. The equity market held morning gains as Sensex was up 100 points while Nifty hovered around 10,600 levels, backed by banking & finance, FMCG and oil stocks while metal & technology stocks were under pressure. Nifty midcap was mildly higher.

In the last hour of trade, the market continued to trade higher as Sensex was up nearly 200 points while Nifty above 10,600. The market closed higher thanks to the positive trend in Asian stocks. Reliance, HDFC, ICICI Bank led the market while IT, Metal, Media & PSU bank index fell over 1%. Nifty midcap also traded lower. Sensex closed 165.87 points up at 34,616.64, Nifty up by 29.65 points at 10,614.35.

Top Gainers

Reliance by 3.64% to Rs.970.05, Yes Bank by 3.50% to Rs.342.00, Bajaj Finserv by 2.52% to Rs.5,427.65, M&M by 1.73% to Rs.838.55, ICICI Bank by 1.68% to Rs.284.10.

Top Losers

Hindalco by -7.37% to Rs.236.75, Wipro by -3.50% to Rs.286.95, INFY by -2.80% to Rs.1,154.50, TECHM by -1.39% to Rs.682.70, VEDL by -1.33% to Rs.297.40.

Analysis Of Top Gainer And Loser

Reliance Industries is the top gainer in today's market as Reliance Jio, the subsidiary of Reliance Industries has added 87.4 lakh subscribers in February compared to 83 lakh in the previous month.

Hindalco is the top loser in today's market as Aluminium prices continued to fall after the US government gave US customers of Russian producer United Company Rusal more time to close out their business with the company and comply with sanctions.

Key Market News

Construction of national highways has increased to record levels and the momentum is expected to continue in this financial year, too, as funding is not an issue and the pace of land acquisition has improved, says a report. According to BofA Merrill Lynch (BofAML), 2018-19 is likely to be another robust year for the highway sector, even as some disruption is likely in the fourth quarter of this fiscal owing to 2019 general elections. Ordering and construction of national highways have increased to the all-time high of 17,055kms/9,829kms, respectively in FY18.

The Trump administration is planning to end allowing spouses of H-1B visa holders to work legally in the U.S., a top federal agency official has told lawmakers, a move that could have a devastating impact on tens of thousands of Indians.

For the first time, the U.S. Treasury discussed a path for lifting the sanctions on Rusal, saying it would provide relief if Oleg Deripaska relinquished control. It also extended the deadline for companies to wind down dealings with the Russian aluminium producer by almost five months.

Stocks To Watch

Indiabulls Venture Ltd. is on the upside while is Coromandel International Ltd. on the downside.

Indiabulls Venture is currently trading at Rs.429.65, up by Rs.39.05 or 10% from its previous closing of Rs.390.60 on the NSE. The scrip opened at Rs.386.95 & has touched a high & low of Rs.429.65 and Rs.383.15 respectively. So far 83,70,502 (NSE) shares were traded on the counter. The current market cap of the company is Rs.18,965.30 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.429.65 on 24-April-2018 & a 52 week low of Rs.102.30 on 03-May-2017.

Coromandel is currently trading at Rs.470.45, down by Rs.58.50 or 11.06% from its previous closing of Rs.528.95 on the NSE. The scrip opened at Rs.533.30 & has touched a high and low of Rs.536.00 & Rs.458.55 respectively. So far 24,29,573 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,771.26 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.586.75 on 01-January-2018 and a 52 week low of Rs.345.05 on 28-April-2017.

Market Closed Flat As Nifty Below 10,600; TCS Stole The Show

The Benchmark indices opened lower on Monday as it opened 50 points down while Nifty fell 9 points, amid Global weakness. The equity market gained strength as Sensex rose over 100 points while Nifty reclaimed 10,600 levels. Information Technology was the leading sector as Nifty IT rallied over 1.5% followed by Realty, Pharma while FMCG & Metal remained under pressure. Nifty midcap outperformed frontliners, was up over half a percent.

In the afternoon session, equity benchmark extended gains as Sensex surged nearly 200 points while Nifty was well above 10,600 levels, backed by Technology stocks. Nifty IT index further rallied by 2.5% followed by Realty, Pharma while FMCG & Metal were in red. Nifty midcap was up nearly 1%.

In the last hour of trade, the market was off days high due to depreciation in rupee as Sensex was up nearly 100 points while Nifty was above 10,600. The market ended flat due to more weakness in rupee & weak global cues. Nifty Realty, Pharma, IT supported the market while FMCG, Metal & Financial Services remained under pressure. Nifty midcap index was up by 100 points. Sensex closed 35.19 points up at 34,450.77, Nifty up by 20.65 points at 10,584.70.

Top Gainers

IndusInd bank by 3.74% to Rs.1,880.60, M&M by 2.95% to Rs.823.05, BPCL by 2.65% to Rs.381.25, Cipla by 2.03% to Rs.601.00, Sun Pharma by 1.98% to Rs.515.30.

Top Losers

Hindalco by -2.71% to Rs.255.00, IBULHSGFIN by -2.51% to Rs.1,322, UPL by -1.80% to Rs.752.00, VEDL by -1.39% to Rs.304.30, Grasim by -1.33% to Rs.1,086.15.

Analysis Of Top Gainer And Loser

IndusInd Bank is the top gainer in today's market as private sector lender reported 27% YoY growth in net profit to Rs.959.09 crore for the January-March period of FY17-18.

Hindalco is the top loser in today's market as some profit booking was seen in the stock.

Key Market News

Tata Consultancy Services Ltd (TCS), Indias largest information technology (IT) services firm, become the first Indian company to cross the $100 billion market capitalisation milestone. The recent surge in TCS shares was triggered by better than expected earnings reported on Thursday after 13 quarters of under-performance. TCS announced a bonus of 1:1 and recommended a final dividend of Rs.29 a share also improved sentiment.

As the Reserve Bank has given no relaxation to its February 12 framework on the resolution of stressed assets, banks are likely to become more cautious and risk-averse to long-term funding, especially to the infrastructure sector. On February 12, the central bank had come out with a revised framework for the resolution of stressed assets. The new set of rules aim at quick reporting of defaults, coming out with resolution plans for defaulting companies and time-bound referrals of defaulting firms to the National Company Law Tribunal (NCLT).

Stocks To Watch

Oberoi Realty Ltd. is on the upside while is Vakrangee Ltd. on the downside.

Oberoi Realty is currently trading at Rs.590.45, up by Rs.69.20 or 13.28% from its previous closing of Rs.521.25 on the NSE. The scrip opened at Rs.525.90 & has touched a high & low of Rs.592.00 and Rs.525.90 respectively. So far 23,14,914 (NSE) shares were traded on the counter. The current market cap of the company is Rs.19,673.16 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.592.00 on 23-April-2018 & a 52 week low of Rs.335.30 on 28-June-2017.

Vakrangee is currently trading at Rs.129.05, down by Rs.6.75 or 4.97% from its previous closing of Rs.135.80 on the NSE. The scrip opened at Rs.138.00 & has touched a high and low of Rs.138.80 & Rs.113.90 respectively. So far 60,96,305 (NSE) shares were traded on the counter. The current market cap of the company is Rs.13,658.56 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.515.00 on 24-January-2018 and a 52 week low of Rs.113.90 on 18-April-2018.

Market Back On Winning Streak, Nifty Above 10,550; Metals Shine

The Benchmark indices rebounded on Thursday as Sensex rose over 100 points & Nifty above 10,550, followed a positive lead from global stocks. The equity market continued to trade higher, amid volatility as Sensex was up 80 points while Nifty traded above 10,500 levels. Nifty Metal index extended gains, was up 4% & IT also rose over 1% while OMCs was down to 5%. Nifty midcap rose.4%.

In last hour of trade market traded higher as Sensex rose over 50 points while Nifty above 10,550 above. The market closed higher despite crude oil prices, backed by Metal, IT & FMCG stocks led by Metal Index, was up by 4.52%. Nifty midcap index was up by 133 points. Sensex closed 95.61 points up at 34,427.29, Nifty up by 39.10 points at 10,565.30.

Top Gainers

Hindalco by 8.81% to Rs.264.20, VEDL by 6.65% to Rs.310.45, Tata Steel by 3.29% to Rs.610.40, Yes Bank by 2.89% to Rs.318.50, Bharti Airtel by 2.64% to Rs.394.40.

Top Losers

BPCL by -7.11% to Rs.376.40, HindPetro by -5.62% to Rs.3021.65, IOC by -4.09% to Rs.158.20, Titan by -2.57% to Rs.952.00, HDFC by -0.89% to Rs.1,861.00.

Analysis Of Top Gainer And Loser

Hindalco is the top gainer in today's market as aluminium prices surged 5% to highest in almost 7 years on Thursday. LME aluminium climbed as far as $2,664.50 a tonne, highest since August 2011.

BPCL is the top loser in today's market as Brent crude oil futures hit USD 74 a barrel after a decline in US crude inventories and top exporter Saudi Arabia is expected to keep withholding supply to prop up the market.

Key Market News

India, which has recovered from disruptions caused by demonetisation and the rollout of the GST, must fully implement the new nationwide indirect tax to avoid tax revenue underperformance resulting in cuts to capital expenditures, the IMF said today. In its Fiscal Monitor report titled 'Capitalising on Good times', the IMF said that relatively buoyant revenues supported by base-broadening efforts and lower capital expenditures were offset by higher spending (including higher compensation to states for the rollout of the GST) and lower profit transfers from the Reserve Bank of India due to costs incurred during the demonetisation.

The International Monetary Fund (IMF) said that Indias combined gross debt, including that of the central and state governments, is set to decline by almost nine percentage points to 61.4% of gross domestic product (GDP) by 2023-24. What will support a gradual decline in the debt-to-GDP ratio is both a gradual reduction in overall deficit as well as continued high nominal GDP growth, said Andreas Bauer, IMF senior resident representative for India.

Stocks To Watch

Hindustan Copper Ltd. is on the upside while is BPCL on the downside.

HindCopper is currently trading at Rs.80, up by Rs.8.60 or 12.04% from its previous closing of Rs.71.40 on the NSE. The scrip opened at Rs.72.90 & has touched a high & low of Rs.82.05 and Rs.72.60 respectively. So far 2,73,96,298 (NSE) shares were traded on the counter. The current market cap of the company is Rs.7,369.36 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.110.50 on 07-November-2017 & a 52 week low of Rs.56.55 on 27-September-2017.

BPCL is currently trading at Rs.376.40, down by Rs.28.80 or 7.11% from its previous closing of Rs.405.20 on the NSE. The scrip opened at Rs.396 & has touched a high and low of Rs.397.85 & Rs.375.35 respectively. So far 1,59,39,417 (NSE) shares were traded on the counter. The current market cap of the company is Rs.81,900.14 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.551.55 on 30-October-2017 and a 52 week low of Rs.375.35 on 19-April-2018.

In the afternoon session, equity benchmark extended gains as Sensex was up 120 points while Nifty traded near 10,600 levels on hopes of strong earnings growth. Nifty FMCG, Media & Realty index led the rally while Auto, Bank & Financial sectors were under pressure. Nifty midcap also traded higher.

In last hour of trade market erased gains as Sensex was down by 80 points while Nifty traded below 10,550 levels. The market closed lower for the first time in last 10 days, dragged by banks. Nifty FMCG & Media index was up over 1.5% while Bank & financials, Pharma traded in red. Nifty midcap index closed mildly lower. Sensex closed 63.38 points down at 34,331.68, Nifty down by 22.50 points at 10,526.20.

Top Gainers

ITC by 3.33% to Rs.276.50, Wipro by 2.90% to Rs.290.00, Ultratech Cement by 2.29% to Rs.4,007, ZEEL by 2.22% to Rs.588.25, GAIL by 2.01% to Rs.332.20.

Top Losers

HindPetro by -3.03% to Rs.320.05, Axis Bank by -2.76% to Rs.517.70, Titan by -1.98% to Rs.977,80, Lupin by -1.75% to Rs.790.95, Tech Mahindra by -1.54% to Rs.658.00.

Analysis Of Top Gainer And Loser

ITC is the top gainer in today's market as normal monsoon prediction & rural demand growth is expected to be higher, will lead to good January-March 2018 numbers.

HindPetro is the top loser in today's market as oil & marketing companies are continued to tumble ahead of OPEC meeting later this week.

Key Market News

The International Monetary Fund (IMF) has maintained its forecast for Indias economic growth at 7.4% in 2018-19, which will again make the country the fastest-growing large economy after losing this tag to China by a close margin in 2017-18. For 2019-20, the IMF has projected India to grow at 7.8%. By comparison, the Chinese economy is expected to slow down to 6.4% in 2019, down from 6.6% in 2018. India is likely to have grown 6.7% in 2017-18, the IMF said. In fact, the IMF projection for 2017-18 is a tad higher than 6.6%, pegged by the second advance estimates by the Central Statistics Office. China grew 6.9% in 2017.

India increased highway award target after handing out contracts for record length in the previous fiscal year. The Ministry of Road Transport & Highways set a target of awarding over 20K kms. length of national highways in the year through March 2019, according to its statement. Thats 25% more than the previous fiscal year. The ministry is making all-out efforts for improving and strengthening the highways network in the country, Nitin Gadkari, the minister in charge, said in the statement.

Stocks To Watch

Taj GVK Hotels & Resorts Ltd. is on the upside while is D B Realty Ltd. on the downside.

Taj GVK is currently trading at Rs.235.00, up by Rs.24.25 or 11.51% from its previous closing of Rs.210.75 on the NSE. The scrip opened at Rs.215.00 & has touched a high & low of Rs.248.00 and Rs.213.05 respectively. So far 43,08,678 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,461.57 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.248.00 on 18-April-2018 & a 52 week low of Rs.145.55 on 23-May-2017.

D B Realty is currently trading at Rs.60.40, down by Rs.4.90 or 7.50% from its previous closing of Rs.65.30 on the NSE. The scrip opened at Rs.65.50 & has touched a high and low of Rs.65.70 & Rs.59.50 respectively. So far 11,56,622 (NSE) shares were traded on the counter. The current market cap of the company is Rs.1,466.85 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.86.00 on 11-January-2018 and a 52 week low of Rs.32.15 on 11-August-2017.

In the last hour of trade, the market continued to trade higher as Sensex was up nearly 100 points while Nifty traded above 10,550 levels. The market managed to end near days high. Nifty FMCG & Realty index lead to rally while selected banks, Pharma, IT, traded lower. Nifty midcap index was up 26 points. Sensex closed 89.63 points up at 34,395.06, Nifty up by 20.35 points at 10,548.70.

Top Gainers

Power Grid by 2.86% to Rs.204.90, Hindustan Unilever by 2.18% to Rs.1,450.50, Titan by 2.18% to Rs.999.00, Bharti Airtel by 1.55% to Rs.382.20, ICICI Bank by 1.50% to Rs.291.90.

Top Losers

Infratel by -1.93% to Rs.333.50, Axis Bank by -1.83% to Rs.532.45, Wipro by -1.60% to Rs.285.25, Sun Pharma by -1.23% to Rs.513.00, Adani Ports by -1.03% to Rs.383.50.

Analysis Of Top Gainer And Loser

Power Grid is the top gainer in today's market as around 83% of the analysts have given a buy rating on the stock.

VEDL is the top loser in today's market as some selling pressure was seen in the stock.

Key Market News

Monsoon this year is expected to be normal for the third straight year. India will receive 97% of the long-period average rainfall this year, according to the Indian Meteorological Department. We feel that India is going to experience a third successive normal monsoon, KJ Ramesh, director general of meteorology at the IMD said in a media conference. There is a very less probability of deficit monsoon.. Between 96% & 104% of the long period average is considered a normal monsoon, and the margin of error is 5%. IMD said that it will come out with its next forecast in June and release an assessment of the onset of monsoon in Kerala on May 15.

India needs to create 8.1 million jobs a year to maintain its employment rate, said a World Bank report which projected the country's growth to accelerate to 7.3% in the current financial year. More than 1.8 million young people will reach working age every month in South Asia through 2025 and the good news is that economic growth is creating jobs in the region, said Martin Rama, World Bank South Asia Region Chief Economist.

Stocks To Watch

EIH Ltd. is on the upside while is Welspun India Ltd. on the downside.

EIH is currently trading at Rs.203.00, up by Rs.31.00 or 18.02% from its previous closing of Rs.172.00 on the NSE. The scrip opened at Rs.173.65 & has touched a high & low of Rs.206.40 and Rs.171.10 respectively. So far 36,64,475 (NSE) shares were traded on the counter. The current market cap of the company is Rs.11,505.69 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.231.60 on 16-January-2018 & a 52 week low of Rs.122.80 on 17-April-2017.

Welspun India is currently trading at Rs.52.60, down by Rs.2.60 or 4.71% from its previous closing of Rs.55.20 on the NSE. The scrip opened at Rs.55.10 & has touched a high and low of Rs.55.15 & Rs.51.50 respectively. So far 25,84,821 (NSE) shares were traded on the counter. The current market cap of the company is Rs.5,274.81 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.99.70 on 03-May-2017 and a 52 week low of Rs.51.50 on 17-April-2018.

Market Rose For 8th Day In A Row; Nifty Above 10,500 levels

The Benchmark indices opened lower with Sensex fell over 200 points & Nifty below 10,450 levels, followed the negative lead from global stocks. The equity market recouped more than half the losses but remained under pressure as Sensex was down over 80 points while Nifty traded above 10,450 levels. among sectoral indices Pharma, FMCG & Realty traded higher while IT, PSU Bank & Auto declined. Nifty midcap traded on a flat note.

In the afternoon session, equity benchmark recovered all the losses as Sensex was up over 50 points while Nifty reclaimed 10,500 levels, backed HDFC group stocks & ITC. Nifty Realty, Pharma, FMCG rose over 1% with Banks & financials also traded higher while IT & PSU bank declined. Nifty midcap was up over .50%.

In last hour of trade market remained positive as Sensex rose over 100 points & Nifty traded above 10,500 levels. The market closed in the green for 8th consecutive sessions. Nifty Realty, FMCG, Pharma rose over 1%, Financials & Pvt. bank also traded higher while IT & PSU bank declined. Nifty midcap was up .80%. Sensex closed 112.78 points up at 34,305.43, Nifty up by 47.75 points at 10,528.35.

Top Gainers

Cipla by 5.32% to Rs.585.05, Grasim by 2.90% to Rs.1,094.45, Hero Motocorp by 2.18% to Rs.3,807.00, UPL by 2.08% to Rs.762.65, NTPC by 2.05% to Rs.174.45.

Top Losers

Tata Motors by -4.78% to Rs.340.00, Infosys by -3.15% to Rs.1,134.50, Wipro by -1.65% to Rs.289.30, SBIN by -0.78% to Rs.249.00, Titan by -0.72% to Rs.980.00.

Analysis Of Top Gainer And Loser

HCL Tech is the top gainer in today's market as Rupee continued to shed to hit a fresh 5-month low due to a surge in crude oil prices & geopolitical tension. Also, Q4 earnings are expected to be on the better side.

VEDL is the top loser in today's market as companys iron ore production in Goa fell 58% to 1.5 million tonne in January-March due to lower demand for low-grade ore & closure of mining operations in the state.

Key Market News

Indias annual wholesale price index (WPI) based inflation slightly eased in March, helped by a fall in food prices, government data showed on Monday. Annual wholesale price inflation last month eased to 2.47% from a year earlier, a shade lower than a provisional 2.48% rise in February. Wholesale food prices in March fell 0.07% year-on-year, compared with a 0.07% rise a month earlier, data showed.

The Reserve Bank of India (RBI) may relax some of the stringent norms for treatment of bad loans that it announced in February without diluting their spirit, said two officials aware of the development. The finance ministry has made a case for providing some relief, especially for small and medium enterprises, given that the tighter rules could force defaulters into rapid bankruptcy, which could dent jobs generation, they said. The one-day, non-performing asset (NPA) classification norm may be extended to 30 days and the requirement that a resolution plan has to be approved by all lenders could be lowered to 75%, they said. This will mean that only if any amount is due for more than 30 days will it be considered a default.

Stocks To Watch

Indiabulls Venture Ltd. is on the upside while is Bhansali Engineering Polymers Ltd. on the downside.

IBV is currently trading at Rs.380.80, up by Rs.63.45 or 19.99% from its previous closing of Rs.317.35 on the NSE. The scrip opened at Rs.313.50 & has touched a high & low of Rs.380.80 and Rs.310.00 respectively. So far 2,53,36,342 (NSE) shares were traded on the counter. The current market cap of the company is Rs.16,828.55 Crore. The NSE/BSE group stock has touched a 52 week high of Rs.380.80 on 16-April-2018 & a 52 week low of Rs.83.00 on 13-April-2017.

BEPL is currently trading at Rs.193.05, down by Rs.13.65 or 6.60% from its previous closing of Rs.206.70 on the NSE. The scrip opened at Rs.195.00 & has touched a high and low of Rs.203.90 & Rs.188.20 respectively. So far 34,34,396 (NSE) shares were traded on the counter. The current market cap of the company is Rs.3,214.42 Crore. The BSE/NSE group stock has touched a 52 week high of Rs.224.50 on 10-April-2018 and a 52 week low of Rs.35.35 on 05-May-2017.

ABOUT AUTHOR

Niveza Editorial Desk :
We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

ABOUT AUTHOR

Niveza Editorial Desk :
We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.

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